Thornburg Multi Sector Bond ETF (NASDAQ:TMB – Get Free Report) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 55,292 shares, a growth of 56.0% from the August 15th total of 35,450 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 60,868 shares, the short-interest ratio is currently 0.9 days.
Thornburg Multi Sector Bond ETF Stock Performance
Shares of TMB stock traded up $0.06 during trading hours on Thursday, hitting $24.98. The company had a trading volume of 1,054 shares, compared to its average volume of 69,679. The company’s fifty day moving average is $25.22 and its 200 day moving average is $25.40. Thornburg Multi Sector Bond ETF has a fifty-two week low of $24.88 and a fifty-two week high of $26.52.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the company. Sound Income Strategies LLC purchased a new position in shares of Thornburg Multi Sector Bond ETF during the first quarter worth $70,000. Insight Wealth Partners LLC purchased a new stake in Thornburg Multi Sector Bond ETF during the second quarter worth about $778,000. Clay Northam Wealth Management LLC increased its stake in Thornburg Multi Sector Bond ETF by 344.8% during the fourth quarter. Clay Northam Wealth Management LLC now owns 55,150 shares of the company’s stock worth $1,411,000 after purchasing an additional 42,750 shares during the period. Empire Financial Management Company LLC lifted its position in shares of Thornburg Multi Sector Bond ETF by 1.4% during the first quarter. Empire Financial Management Company LLC now owns 56,218 shares of the company’s stock worth $1,434,000 after purchasing an additional 797 shares in the last quarter. Finally, Integrity Wealth Solutions LLC boosted its stake in shares of Thornburg Multi Sector Bond ETF by 21.0% in the first quarter. Integrity Wealth Solutions LLC now owns 107,846 shares of the company’s stock valued at $2,751,000 after purchasing an additional 18,687 shares during the period.
About Thornburg Multi Sector Bond ETF
The Thornburg Multi Sector Bond ETF (TMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns b through investments in the broad fixed-income market. Securities may be of any credit quality and maturity from around the globe TMB was launched on Feb 5, 2025 and is issued by Thornburg.
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