Thornburg Multi Sector Bond ETF (NASDAQ:TMB) Shares Down 0.2% – Time to Sell?

Thornburg Multi Sector Bond ETF (NASDAQ:TMB)’s stock price dropped 0.2% during mid-day trading on Thursday . The company traded as low as $25.67 and last traded at $25.68. Approximately 313,029 shares changed hands during mid-day trading, an increase of 1,320% from the average daily volume of 22,038 shares. The stock had previously closed at $25.72.

Thornburg Multi Sector Bond ETF Stock Performance

The firm’s fifty day moving average price is $25.72 and its two-hundred day moving average price is $25.57.

Thornburg Multi Sector Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, November 28th. Investors of record on Wednesday, November 26th were given a dividend of $0.0842 per share. The ex-dividend date was Wednesday, November 26th.

Institutional Investors Weigh In On Thornburg Multi Sector Bond ETF

Several hedge funds have recently modified their holdings of TMB. Spire Wealth Management purchased a new position in shares of Thornburg Multi Sector Bond ETF in the 3rd quarter valued at about $79,000. Sunbelt Securities Inc. purchased a new position in Thornburg Multi Sector Bond ETF during the third quarter worth approximately $169,000. IFP Advisors Inc acquired a new stake in Thornburg Multi Sector Bond ETF in the second quarter valued at approximately $195,000. Jane Street Group LLC purchased a new stake in shares of Thornburg Multi Sector Bond ETF in the first quarter valued at approximately $230,000. Finally, D.B. Root & Company LLC purchased a new stake in shares of Thornburg Multi Sector Bond ETF in the second quarter valued at approximately $235,000.

About Thornburg Multi Sector Bond ETF

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.