Short Interest in Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Declines By 39.5%

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 850 shares, a decrease of 39.5% from the May 31st total of 1,406 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 2,286 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Thornburg Core Plus Bond ETF

A number of institutional investors have recently modified their holdings of the company. Jane Street Group LLC bought a new position in shares of Thornburg Core Plus Bond ETF during the first quarter valued at approximately $253,000. Integrity Wealth Solutions LLC grew its stake in shares of Thornburg Core Plus Bond ETF by 30.6% in the 1st quarter. Integrity Wealth Solutions LLC now owns 15,903 shares of the company’s stock worth $401,000 after buying an additional 3,726 shares during the last quarter. Finally, Cornerstone Wealth Group LLC increased its position in Thornburg Core Plus Bond ETF by 24.9% during the 4th quarter. Cornerstone Wealth Group LLC now owns 164,034 shares of the company’s stock valued at $4,176,000 after buying an additional 32,668 shares in the last quarter.

Thornburg Core Plus Bond ETF Trading Down 0.2%

Thornburg Core Plus Bond ETF stock traded down $0.06 during mid-day trading on Wednesday, hitting $25.11. 2,048 shares of the company traded hands, compared to its average volume of 3,674. Thornburg Core Plus Bond ETF has a one year low of $24.82 and a one year high of $26.00. The stock has a fifty day moving average price of $25.16 and a 200-day moving average price of $25.39.

Thornburg Core Plus Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were issued a dividend of $0.1038 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Monday, June 29th.

Thornburg Core Plus Bond ETF Company Profile

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.