Financial Management Network Inc. Increases Stock Holdings in Thornburg International Equity ETF $TXUE

Financial Management Network Inc. boosted its stake in Thornburg International Equity ETF (NASDAQ:TXUE) by 16.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 284,919 shares of the company’s stock after acquiring an additional 40,472 shares during the period. Thornburg International Equity ETF accounts for approximately 1.4% of Financial Management Network Inc.’s holdings, making the stock its 17th biggest holding. Financial Management Network Inc. owned 2.94% of Thornburg International Equity ETF worth $8,997,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Patten Group Inc. raised its holdings in Thornburg International Equity ETF by 12.2% in the 3rd quarter. Patten Group Inc. now owns 16,496 shares of the company’s stock worth $501,000 after purchasing an additional 1,799 shares in the last quarter. Fermata Advisors LLC boosted its stake in shares of Thornburg International Equity ETF by 2.6% during the 4th quarter. Fermata Advisors LLC now owns 132,798 shares of the company’s stock valued at $4,163,000 after purchasing an additional 3,338 shares in the last quarter. Osaic Holdings Inc. purchased a new position in shares of Thornburg International Equity ETF during the second quarter valued at about $119,000. BCGM Wealth Management LLC purchased a new position in shares of Thornburg International Equity ETF during the fourth quarter valued at about $208,000. Finally, Cooper Capital Advisors LLC raised its stake in Thornburg International Equity ETF by 2.7% in the third quarter. Cooper Capital Advisors LLC now owns 308,693 shares of the company’s stock worth $9,380,000 after buying an additional 8,115 shares in the last quarter.

Thornburg International Equity ETF Price Performance

Shares of TXUE opened at $31.10 on Monday. The company has a 50-day simple moving average of $33.18 and a two-hundred day simple moving average of $31.61. The firm has a market capitalization of $310.38 million, a PE ratio of 18.04 and a beta of 0.88. Thornburg International Equity ETF has a one year low of $23.57 and a one year high of $35.12.

Thornburg International Equity ETF Company Profile

The Thornburg International Equity ETF (TXUE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of non-US developed market securities of large-cap companies. The selection process combines bottom-up fundamental analysis and macroeconomic insights. TXUE was launched on Jan 22, 2025 and is issued by Thornburg.