Heritage Oak Wealth Advisors LLC Reduces Holdings in Thornburg Multi Sector Bond ETF $TMB

Heritage Oak Wealth Advisors LLC reduced its position in Thornburg Multi Sector Bond ETF (NASDAQ:TMB) by 94.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 8,716 shares of the company’s stock after selling 146,520 shares during the quarter. Heritage Oak Wealth Advisors LLC’s holdings in Thornburg Multi Sector Bond ETF were worth $223,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strid Group LLC purchased a new stake in shares of Thornburg Multi Sector Bond ETF during the third quarter worth $14,685,000. D.B. Root & Company LLC grew its stake in Thornburg Multi Sector Bond ETF by 1,263.1% during the 3rd quarter. D.B. Root & Company LLC now owns 126,060 shares of the company’s stock valued at $3,232,000 after acquiring an additional 116,812 shares in the last quarter. PFG Private Wealth Management LLC purchased a new position in Thornburg Multi Sector Bond ETF in the 3rd quarter worth approximately $1,737,000. Cornerstone Wealth Group LLC lifted its stake in Thornburg Multi Sector Bond ETF by 44.1% in the 3rd quarter. Cornerstone Wealth Group LLC now owns 49,566 shares of the company’s stock worth $1,271,000 after purchasing an additional 15,161 shares in the last quarter. Finally, Global View Capital Management LLC boosted its holdings in shares of Thornburg Multi Sector Bond ETF by 27.4% during the 3rd quarter. Global View Capital Management LLC now owns 12,417 shares of the company’s stock worth $318,000 after purchasing an additional 2,671 shares during the last quarter.

Thornburg Multi Sector Bond ETF Stock Performance

TMB stock opened at $25.48 on Tuesday. Thornburg Multi Sector Bond ETF has a 1 year low of $24.82 and a 1 year high of $26.52. The business has a 50 day simple moving average of $25.68 and a 200-day simple moving average of $25.69.

Thornburg Multi Sector Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 30th were paid a $0.0675 dividend. The ex-dividend date of this dividend was Monday, March 30th. This represents a c) dividend on an annualized basis and a dividend yield of 3.2%.

Thornburg Multi Sector Bond ETF 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.