Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Sees Significant Decline in Short Interest

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,406 shares, a decline of 54.9% from the May 14th total of 3,118 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,302 shares, the days-to-cover ratio is presently 1.1 days.

Thornburg Core Plus Bond ETF Trading Up 0.1%

Thornburg Core Plus Bond ETF stock traded up $0.02 during mid-day trading on Monday, hitting $25.18. The company’s stock had a trading volume of 2,828 shares, compared to its average volume of 3,769. Thornburg Core Plus Bond ETF has a twelve month low of $24.82 and a twelve month high of $26.00. The stock’s fifty day moving average price is $25.17 and its two-hundred day moving average price is $25.42.

Thornburg Core Plus Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, May 29th. Shareholders of record on Thursday, May 28th were given a dividend of $0.0995 per share. The ex-dividend date was Thursday, May 28th. This is a positive change from Thornburg Core Plus Bond ETF’s previous dividend of $0.09.

Hedge Funds Weigh In On Thornburg Core Plus Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cornerstone Wealth Group LLC grew its position in Thornburg Core Plus Bond ETF by 40.6% during the 1st quarter. Cornerstone Wealth Group LLC now owns 230,669 shares of the company’s stock worth $5,844,000 after purchasing an additional 66,635 shares in the last quarter. Jane Street Group LLC grew its position in Thornburg Core Plus Bond ETF by 108.8% during the 2nd quarter. Jane Street Group LLC now owns 20,861 shares of the company’s stock worth $529,000 after purchasing an additional 10,872 shares in the last quarter. Finally, Integrity Wealth Solutions LLC grew its position in Thornburg Core Plus Bond ETF by 30.6% during the 1st quarter. Integrity Wealth Solutions LLC now owns 15,903 shares of the company’s stock worth $401,000 after purchasing an additional 3,726 shares in the last quarter.

About Thornburg Core Plus Bond ETF

The Thornburg Core Plus Bond ETF (TPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns through investments in the broad US fixed-income market. Securities can be of any credit quality and maturity. TPLS was launched on Feb 5, 2025 and is issued by Thornburg.