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

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

Thornburg Core Plus Bond ETF Stock Performance

TPLS stock traded up $0.06 during trading on Monday, hitting $24.75. The company had a trading volume of 727 shares, compared to its average volume of 4,670. The business has a 50 day moving average of $24.98 and a 200 day moving average of $25.24. Thornburg Core Plus Bond ETF has a fifty-two week low of $24.63 and a fifty-two 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. Shareholders of record on Thursday, July 30th were given a dividend of $0.1283 per share. This is a positive change from Thornburg Core Plus Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date was Thursday, July 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.2%.

Institutional Trading of Thornburg Core Plus Bond ETF

Institutional investors have recently made changes to their positions in the stock. Integrity Wealth Solutions LLC increased its stake in shares of Thornburg Core Plus Bond ETF by 30.6% during the first 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 during the period. Cornerstone Wealth Group LLC lifted its position in Thornburg Core Plus Bond ETF by 40.6% in the first 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 during the period. Finally, Jane Street Group LLC lifted its position in Thornburg Core Plus Bond ETF by 108.8% in the second 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 period.

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.