Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Shares Break Above 50-Day Moving Average – Here’s What Happened

Thornburg Multi Sector Bond ETF (NASDAQ:TMB – Get Free Report) passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $24.90 and traded as high as $25.09. Thornburg Multi Sector Bond ETF shares last traded at $24.97, with a volume of 116,039 shares trading hands.

Thornburg Multi Sector Bond ETF Stock Up 0.5%

The company has a fifty day moving average price of $24.90 and a two-hundred day moving average price of $25.36.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Spartan Wealth Advisory Services LLC purchased a new position in Thornburg Multi Sector Bond ETF during the 1st quarter worth $9,601,000. Onyx Bridge Wealth Group LLC boosted its holdings in Thornburg Multi Sector Bond ETF by 59.6% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 1,000,858 shares of the company’s stock valued at $24,594,000 after purchasing an additional 373,885 shares in the last quarter. Flynn Zito Capital Management LLC purchased a new stake in Thornburg Multi Sector Bond ETF in the 1st quarter valued at approximately $4,243,000. Insight Wealth Partners LLC purchased a new stake in Thornburg Multi Sector Bond ETF in the 2nd quarter valued at approximately $778,000. Finally, Strid Group LLC increased its position in Thornburg Multi Sector Bond ETF by 3.8% during the 3rd quarter. Strid Group LLC now owns 623,762 shares of the company’s stock worth $15,328,000 after purchasing an additional 22,835 shares during the period.

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.

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