Valley Wealth Managers Inc. Boosts Holdings in AB Core Plus Bond ETF $CPLS

Valley Wealth Managers Inc. grew its holdings in shares of AB Core Plus Bond ETF (NASDAQ:CPLS) by 43.5% during the 4th quarter, HoldingsChannel reports. The fund owned 58,538 shares of the company’s stock after acquiring an additional 17,755 shares during the quarter. Valley Wealth Managers Inc.’s holdings in AB Core Plus Bond ETF were worth $2,080,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Global Retirement Partners LLC raised its stake in shares of AB Core Plus Bond ETF by 274.3% during the third quarter. Global Retirement Partners LLC now owns 992 shares of the company’s stock worth $36,000 after acquiring an additional 727 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of AB Core Plus Bond ETF by 18.4% during the third quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock worth $296,000 after acquiring an additional 1,281 shares in the last quarter. Cresta Advisors Ltd. purchased a new position in shares of AB Core Plus Bond ETF during the fourth quarter worth approximately $153,000. NewEdge Advisors LLC raised its stake in shares of AB Core Plus Bond ETF by 5.4% during the third quarter. NewEdge Advisors LLC now owns 137,966 shares of the company’s stock worth $4,953,000 after acquiring an additional 7,046 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new position in shares of AB Core Plus Bond ETF in the first quarter worth $1,073,000.

AB Core Plus Bond ETF Stock Down 0.3%

Shares of NASDAQ CPLS opened at $35.10 on Wednesday. AB Core Plus Bond ETF has a 52 week low of $34.60 and a 52 week high of $36.29. The firm’s fifty day moving average is $35.33 and its 200 day moving average is $35.61.

AB Core Plus Bond ETF Announces Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, May 6th. Investors of record on Friday, May 1st were paid a $0.1293 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date of this dividend was Friday, May 1st.

About AB Core Plus Bond ETF

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.