Thornburg Multi Sector Bond ETF (NASDAQ:TMB – Get Free Report) was the recipient of a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 47,406 shares, a drop of 40.7% from the September 15th total of 79,894 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 62,856 shares, the days-to-cover ratio is presently 0.8 days.
Thornburg Multi Sector Bond ETF Price Performance
Thornburg Multi Sector Bond ETF stock opened at $24.68 on Thursday. The firm has a 50-day moving average price of $24.99 and a two-hundred day moving average price of $25.27. Thornburg Multi Sector Bond ETF has a 52-week low of $24.42 and a 52-week high of $26.52.
Institutional Investors Weigh In On Thornburg Multi Sector Bond ETF
Large investors have recently made changes to their positions in the company. Sound Income Strategies LLC acquired a new position in shares of Thornburg Multi Sector Bond ETF during the first quarter worth approximately $70,000. Insight Wealth Partners LLC bought a new position in Thornburg Multi Sector Bond ETF in the 2nd quarter worth approximately $778,000. Clay Northam Wealth Management LLC increased its position in Thornburg Multi Sector Bond ETF by 344.8% in the 4th quarter. Clay Northam Wealth Management LLC now owns 55,150 shares of the company’s stock valued at $1,411,000 after acquiring an additional 42,750 shares during the period. Empire Financial Management Company LLC increased its position in Thornburg Multi Sector Bond ETF by 1.4% in the 1st quarter. Empire Financial Management Company LLC now owns 56,218 shares of the company’s stock valued at $1,434,000 after acquiring an additional 797 shares during the period. Finally, Integrity Wealth Solutions LLC increased its position in Thornburg Multi Sector Bond ETF by 21.0% in the 1st quarter. Integrity Wealth Solutions LLC now owns 107,846 shares of the company’s stock valued at $2,751,000 after acquiring an additional 18,687 shares during the period.
Thornburg Multi Sector Bond ETF Company Profile
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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