Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Stock Price Up 0.2% – Still a Buy?

Thornburg Multi Sector Bond ETF (NASDAQ:TMBGet Free Report)’s stock price shot up 0.2% during mid-day trading on Thursday . The company traded as high as $25.68 and last traded at $25.62. 251,795 shares traded hands during mid-day trading, an increase of 340% from the average session volume of 57,258 shares. The stock had previously closed at $25.56.

Thornburg Multi Sector Bond ETF Trading Down 0.8%

The business has a 50-day moving average price of $25.72 and a 200 day moving average price of $25.71.

Thornburg Multi Sector Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were paid a $0.0803 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend was Thursday, February 26th.

Institutional Trading of Thornburg Multi Sector Bond ETF

Hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC purchased a new position in Thornburg Multi Sector Bond ETF in the fourth quarter worth about $35,000. Spire Wealth Management purchased a new stake in Thornburg Multi Sector Bond ETF during the third quarter valued at approximately $79,000. Sunbelt Securities Inc. purchased a new stake in Thornburg Multi Sector Bond ETF during the third quarter valued at approximately $169,000. Jane Street Group LLC bought a new stake in shares of Thornburg Multi Sector Bond ETF in the 1st quarter valued at approximately $230,000. Finally, Arkadios Wealth Advisors bought a new stake in shares of Thornburg Multi Sector Bond ETF in the 3rd quarter valued at approximately $240,000.

About Thornburg Multi Sector Bond ETF

(Get Free Report)

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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