AB Core Plus Bond ETF (CPLS) To Go Ex-Dividend on September 1st

AB Core Plus Bond ETF (NASDAQ:CPLS) declared a monthly dividend on Monday, August 31st. Stockholders of record on Tuesday, September 1st will be paid a dividend of 0.1325 per share on Friday, September 4th. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 1st. This is a 1.3% increase from AB Core Plus Bond ETF’s previous monthly dividend of $0.13.

AB Core Plus Bond ETF Stock Down 0.6%

NASDAQ:CPLS opened at $34.38 on Wednesday. AB Core Plus Bond ETF has a twelve month low of $34.36 and a twelve month high of $36.29. The stock’s 50-day simple moving average is $34.73 and its 200 day simple moving average is $35.11.

Institutional Investors Weigh In On AB Core Plus Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in CPLS. Valley Wealth Managers Inc. grew its stake in shares of AB Core Plus Bond ETF by 43.5% during the fourth quarter. Valley Wealth Managers Inc. now owns 58,538 shares of the company’s stock worth $2,080,000 after buying an additional 17,755 shares during the last quarter. Cresta Advisors Ltd. acquired a new position in AB Core Plus Bond ETF in the 4th quarter worth about $153,000. Royal Bank of Canada increased its holdings in AB Core Plus Bond ETF by 16.0% in the 4th quarter. Royal Bank of Canada now owns 115,814 shares of the company’s stock worth $4,116,000 after purchasing an additional 15,999 shares in the last quarter. JPMorgan Chase & Co. bought a new position in AB Core Plus Bond ETF in the third quarter valued at about $1,899,000. Finally, Kestra Advisory Services LLC boosted its stake in shares of AB Core Plus Bond ETF by 19.3% during the fourth quarter. Kestra Advisory Services LLC now owns 44,666 shares of the company’s stock valued at $1,587,000 after purchasing an additional 7,229 shares in the last quarter.

AB Core Plus Bond ETF Company Profile

The AB Core Plus Bond ETF (CPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in USD-denominated corporate and government debt securities of any maturity and credit quality. CPLS was launched on Dec 13, 2023 and is issued by AB Funds.