Cornerstone Wealth Group LLC Boosts Stock Holdings in Thornburg Multi Sector Bond ETF $TMB

Cornerstone Wealth Group LLC increased its stake in Thornburg Multi Sector Bond ETF (NASDAQ:TMB) by 94.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 137,692 shares of the company’s stock after acquiring an additional 66,932 shares during the period. Cornerstone Wealth Group LLC owned approximately 1.95% of Thornburg Multi Sector Bond ETF worth $3,522,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Personal CFO Solutions LLC acquired a new position in Thornburg Multi Sector Bond ETF during the 4th quarter worth $11,459,000. D.B. Root & Company LLC boosted its stake in shares of Thornburg Multi Sector Bond ETF by 33.2% in the 4th quarter. D.B. Root & Company LLC now owns 167,933 shares of the company’s stock valued at $4,296,000 after buying an additional 41,873 shares during the period. Integrity Wealth Solutions LLC boosted its stake in shares of Thornburg Multi Sector Bond ETF by 31.6% in the 4th quarter. Integrity Wealth Solutions LLC now owns 89,159 shares of the company’s stock valued at $2,281,000 after buying an additional 21,411 shares during the period. Clay Northam Wealth Management LLC grew its position in shares of Thornburg Multi Sector Bond ETF by 344.8% during the fourth quarter. Clay Northam Wealth Management LLC now owns 55,150 shares of the company’s stock worth $1,411,000 after buying an additional 42,750 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of Thornburg Multi Sector Bond ETF by 268.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 39,332 shares of the company’s stock worth $1,006,000 after buying an additional 28,654 shares in the last quarter.

Thornburg Multi Sector Bond ETF Stock Performance

TMB stock opened at $25.56 on Friday. The company’s 50 day moving average price is $25.46 and its 200 day moving average price is $25.59. Thornburg Multi Sector Bond ETF has a fifty-two week low of $25.22 and a fifty-two week high of $26.52.

Thornburg Multi Sector Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were paid a dividend of $0.0921 per share. The ex-dividend date was Thursday, May 28th. This is an increase from Thornburg Multi Sector Bond ETF’s previous monthly dividend of $0.02. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

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.