Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Short Interest Update

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 5,395 shares, a growth of 69.2% from the July 15th total of 3,188 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 868 shares, the days-to-cover ratio is presently 6.2 days.

Hedge Funds Weigh In On Thornburg Core Plus Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Integrity Wealth Solutions LLC grew its stake 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 valued at $401,000 after acquiring an additional 3,726 shares in the last quarter. Cornerstone Wealth Group LLC lifted its stake in Thornburg Core Plus Bond ETF by 40.6% in 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. Finally, Jane Street Group LLC boosted its holdings in shares of 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 during the last quarter.

Thornburg Core Plus Bond ETF Price Performance

Shares of NASDAQ:TPLS remained flat at $24.67 during midday trading on Tuesday. The stock had a trading volume of 2,735 shares, compared to its average volume of 4,657. The company has a 50-day simple moving average of $24.98 and a two-hundred day simple moving average of $25.23. Thornburg Core Plus Bond ETF has a 52-week low of $24.63 and a 52-week high of $26.00.

Thornburg Core Plus Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 31st. Investors of record on Thursday, July 30th were paid a $0.1283 dividend. The ex-dividend date of this dividend was Thursday, July 30th. This represents a c) dividend on an annualized basis and a yield of 6.2%. This is a boost from Thornburg Core Plus Bond ETF’s previous monthly dividend of $0.10.

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.