Allspring Broad Market Core Bond ETF $AFIX Stock Position Increased by James J. Burns & Company LLC

James J. Burns & Company LLC grew its stake in Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) by 4.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,208,064 shares of the company’s stock after purchasing an additional 100,346 shares during the period. Allspring Broad Market Core Bond ETF comprises 5.6% of James J. Burns & Company LLC’s investment portfolio, making the stock its 3rd biggest position. James J. Burns & Company LLC owned approximately 0.26% of Allspring Broad Market Core Bond ETF worth $52,047,000 at the end of the most recent reporting period.

Separately, Stiles Financial Services Inc increased its position in shares of Allspring Broad Market Core Bond ETF by 32.6% during the first quarter. Stiles Financial Services Inc now owns 50,130 shares of the company’s stock worth $1,249,000 after purchasing an additional 12,338 shares in the last quarter.

Allspring Broad Market Core Bond ETF Stock Down 0.5%

AFIX stock traded down $0.12 during mid-day trading on Friday, reaching $24.00. The company’s stock had a trading volume of 4,480 shares, compared to its average volume of 25,377. Allspring Broad Market Core Bond ETF has a fifty-two week low of $23.51 and a fifty-two week high of $25.56. The company’s 50 day moving average is $24.04 and its two-hundred day moving average is $24.49.

Allspring Broad Market Core Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, October 27th. Investors of record on Friday, October 23rd will be given a $0.0776 dividend. The ex-dividend date is Friday, October 23rd. This is a negative change from Allspring Broad Market Core Bond ETF’s previous monthly dividend of $0.09. This represents a $0.93 annualized dividend and a yield of 3.9%.

Allspring Broad Market Core Bond ETF Profile

The Allspring Broad Market Core Bond ETF (AFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US and USD-denominated fixed income securities with broad credit and maturity. It seeks total return and primarily holds investment grade securities. AFIX was launched on Dec 4, 2024 and is issued by Allspring.