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

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) shares were up 0.2% during trading on Thursday . The stock traded as high as $25.68 and last traded at $25.62. Approximately 251,795 shares changed hands during trading, an increase of 340% from the average daily volume of 57,258 shares. The stock had previously closed at $25.56.

Thornburg Multi Sector Bond ETF Stock Up 0.2%

The stock has a fifty day simple moving average of $25.73 and a two-hundred day simple moving average of $25.71.

Thornburg Multi Sector Bond ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC acquired a new stake in shares of Thornburg Multi Sector Bond ETF in the 1st quarter valued at approximately $230,000. Envestnet Asset Management Inc. bought a new position in Thornburg Multi Sector Bond ETF in the 2nd quarter valued at approximately $1,140,000. Global View Capital Management LLC acquired a new stake in Thornburg Multi Sector Bond ETF in the second quarter valued at approximately $248,000. Fulcrum Equity Management bought a new stake in shares of Thornburg Multi Sector Bond ETF during the second quarter worth $300,000. Finally, Strid Group LLC bought a new stake in shares of Thornburg Multi Sector Bond ETF during the third quarter worth $14,685,000.

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.