Fermata Advisors LLC Has $3.93 Million Stock Position in Thornburg International Equity ETF $TXUE

Fermata Advisors LLC grew its stake in Thornburg International Equity ETF (NASDAQ:TXUE) by 65.5% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 129,460 shares of the company’s stock after buying an additional 51,225 shares during the quarter. Thornburg International Equity ETF accounts for 1.0% of Fermata Advisors LLC’s holdings, making the stock its 28th biggest position. Fermata Advisors LLC’s holdings in Thornburg International Equity ETF were worth $3,934,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. ORG Partners LLC bought a new stake in Thornburg International Equity ETF in the 2nd quarter valued at $40,000. Osaic Holdings Inc. acquired a new stake in shares of Thornburg International Equity ETF in the 2nd quarter valued at about $119,000. Nautilus Advisors LLC bought a new stake in shares of Thornburg International Equity ETF in the second quarter valued at about $356,000. Patten Group Inc. bought a new stake in shares of Thornburg International Equity ETF in the second quarter valued at about $434,000. Finally, One Charles Private Wealth Services LLC acquired a new position in shares of Thornburg International Equity ETF during the second quarter worth about $851,000.

Thornburg International Equity ETF Stock Performance

Shares of Thornburg International Equity ETF stock opened at $31.09 on Friday. The firm has a market cap of $254.94 million, a PE ratio of 18.04 and a beta of 0.88. The business’s 50 day simple moving average is $30.71 and its 200 day simple moving average is $30.11. Thornburg International Equity ETF has a 52-week low of $23.57 and a 52-week high of $31.70.

Thornburg International Equity ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which will be paid on Friday, December 19th. Stockholders of record on Thursday, December 18th will be issued a $0.3385 dividend. The ex-dividend date is Thursday, December 18th. This represents a dividend yield of 109.0%.

Thornburg International Equity ETF Profile

The Thornburg International Equity ETF (TXUE) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively managing a narrow portfolio of non-US developed market securities of large-cap companies. The selection process combines bottom-up fundamental analysis and macroeconomic insights.