Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Sees Significant Decrease in Short Interest

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) was the target of a large drop in short interest in September. As of September 30th, there was short interest totaling 3,983 shares, a drop of 51.6% from the September 15th total of 8,223 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 55,838 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Thrivent Core Plus Bond ETF

Large investors have recently made changes to their positions in the business. Envestnet Asset Management Inc. increased its holdings in shares of Thrivent Core Plus Bond ETF by 7.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,541,744 shares of the company’s stock worth $331,797,000 after buying an additional 477,556 shares during the last quarter. Citadel Advisors LLC lifted its holdings in shares of Thrivent Core Plus Bond ETF by 98.9% in the 2nd quarter. Citadel Advisors LLC now owns 26,317 shares of the company’s stock valued at $1,335,000 after acquiring an additional 13,087 shares during the last quarter. Winch Advisory Services LLC bought a new position in shares of Thrivent Core Plus Bond ETF in the 1st quarter valued at about $27,000. Finally, Blue Trust Inc. bought a new position in shares of Thrivent Core Plus Bond ETF in the 1st quarter valued at about $31,000.

Thrivent Core Plus Bond ETF Stock Up 0.1%

Shares of TCPB traded up $0.05 during mid-day trading on Wednesday, hitting $48.59. 34,118 shares of the stock were exchanged, compared to its average volume of 34,061. Thrivent Core Plus Bond ETF has a 52-week low of $47.92 and a 52-week high of $52.25. The firm has a 50-day moving average of $49.40 and a two-hundred day moving average of $50.22.

Thrivent Core Plus Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a $0.1648 dividend. This is a drop from Thrivent Core Plus Bond ETF’s previous monthly dividend of $0.1869. This represents a $1.98 annualized dividend and a yield of 4.1%. The ex-dividend date was Tuesday, September 29th.

Thrivent Core Plus Bond ETF Company Profile

The Thrivent Core Plus Bond ETF (TCPB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of debt securities with exposure to the global fixed income market. It may hold various debt investments of any credit rating, duration, and maturities TCPB was launched on Feb 19, 2025 and is issued by Thrivent.