D.B. Root & Company LLC Boosts Stake in Thornburg Multi Sector Bond ETF $TMB

D.B. Root & Company LLC increased its holdings in shares of Thornburg Multi Sector Bond ETF (NASDAQ:TMB) by 33.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 167,933 shares of the company’s stock after purchasing an additional 41,873 shares during the quarter. Thornburg Multi Sector Bond ETF accounts for about 1.0% of D.B. Root & Company LLC’s investment portfolio, making the stock its 23rd largest holding. D.B. Root & Company LLC owned approximately 0.06% of Thornburg Multi Sector Bond ETF worth $4,296,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in TMB. Personal CFO Solutions LLC purchased a new stake in shares of Thornburg Multi Sector Bond ETF during the 4th quarter valued at about $11,459,000. Integrity Wealth Solutions LLC boosted its stake in Thornburg Multi Sector Bond ETF by 31.6% during the 4th quarter. Integrity Wealth Solutions LLC now owns 89,159 shares of the company’s stock valued at $2,281,000 after acquiring an additional 21,411 shares during the last quarter. Cornerstone Wealth Group LLC lifted its position in shares of Thornburg Multi Sector Bond ETF by 42.8% during the fourth quarter. Cornerstone Wealth Group LLC now owns 70,760 shares of the company’s stock worth $1,810,000 after purchasing an additional 21,194 shares during the last quarter. PFG Private Wealth Management LLC acquired a new position in shares of Thornburg Multi Sector Bond ETF in the 3rd quarter worth approximately $1,737,000. Finally, Westside Investment Management Inc. acquired a new position in Thornburg Multi Sector Bond ETF in the fourth quarter worth $455,000.

Thornburg Multi Sector Bond ETF Stock Up 0.2%

Shares of NASDAQ:TMB opened at $25.50 on Thursday. The firm has a 50-day simple moving average of $25.60 and a 200 day simple moving average of $25.67. Thornburg Multi Sector Bond ETF has a fifty-two week low of $25.05 and a fifty-two week high of $26.52.

Thornburg Multi Sector Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 29th were paid a dividend of $0.1017 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Wednesday, April 29th. This is an increase from Thornburg Multi Sector Bond ETF’s previous monthly dividend of $0.07.

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.