Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Short Interest Update

Thornburg Multi Sector Bond ETF (NASDAQ:TMBGet Free Report) was the target of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 13,448 shares, an increase of 90.0% from the July 15th total of 7,077 shares. Based on an average daily volume of 24,522 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

Thornburg Multi Sector Bond ETF Stock Performance

TMB opened at $25.28 on Friday. Thornburg Multi Sector Bond ETF has a twelve month low of $25.11 and a twelve month high of $26.52. The company has a 50-day moving average price of $25.35 and a 200 day moving average price of $25.51.

Thornburg Multi Sector Bond ETF Increases Dividend

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

Institutional Trading of Thornburg Multi Sector Bond ETF

A number of institutional investors have recently made changes to their positions in TMB. Kestra Advisory Services LLC purchased a new stake in shares of Thornburg Multi Sector Bond ETF during the fourth quarter worth approximately $35,000. Sound Income Strategies LLC acquired a new stake in Thornburg Multi Sector Bond ETF during the 1st quarter worth $70,000. Sunbelt Securities Inc. purchased a new stake in shares of Thornburg Multi Sector Bond ETF during the third quarter worth $169,000. Jane Street Group LLC acquired a new stake in shares of Thornburg Multi Sector Bond ETF in the first quarter valued at about $230,000. Finally, Global View Capital Management LLC acquired a new stake in shares of Thornburg Multi Sector Bond ETF in the second quarter valued at about $248,000.

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.

See Also

Receive News & Ratings for Thornburg Multi Sector Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thornburg Multi Sector Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.