Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Sees Large Growth in Short Interest

Thornburg Multi Sector Bond ETF (NASDAQ:TMB) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 13,448 shares, a growth of 90.0% from the July 15th total of 7,077 shares. Based on an average trading volume of 24,522 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On Thornburg Multi Sector Bond ETF

A number of institutional investors have recently bought and sold shares of TMB. Spartan Wealth Advisory Services LLC purchased a new position in shares of Thornburg Multi Sector Bond ETF during the 1st quarter worth approximately $9,601,000. Flynn Zito Capital Management LLC purchased a new position in shares of Thornburg Multi Sector Bond ETF in the 1st quarter valued at approximately $4,243,000. Cornerstone Wealth Group LLC lifted its stake in shares of Thornburg Multi Sector Bond ETF by 94.6% in the 1st quarter. Cornerstone Wealth Group LLC now owns 137,692 shares of the company’s stock valued at $3,522,000 after purchasing an additional 66,932 shares during the period. Clay Northam Wealth Management LLC boosted its position in shares of 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 valued at $1,411,000 after purchasing an additional 42,750 shares in the last quarter. Finally, D.B. Root & Company LLC boosted its position in shares of Thornburg Multi Sector Bond ETF by 33.2% during the fourth quarter. D.B. Root & Company LLC now owns 167,933 shares of the company’s stock valued at $4,296,000 after purchasing an additional 41,873 shares in the last quarter.

Thornburg Multi Sector Bond ETF Trading Down 0.1%

NASDAQ:TMB opened at $25.23 on Tuesday. The firm’s fifty day simple moving average is $25.35 and its 200 day simple moving average is $25.50. Thornburg Multi Sector Bond ETF has a twelve month low of $25.11 and a twelve month high of $26.52.

Thornburg Multi Sector Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 31st. Stockholders of record on Thursday, July 30th were paid a dividend of $0.1028 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date of this dividend was Thursday, July 30th. This is a positive change from Thornburg Multi Sector Bond ETF’s previous monthly dividend of $0.09.

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.