AB Core Plus Bond ETF (NASDAQ:CPLS) Short Interest Update

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 1,053 shares, an increase of 261.9% from the June 30th total of 291 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 17,619 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On AB Core Plus Bond ETF

A number of hedge funds have recently added to or reduced their stakes in CPLS. Royal Bank of Canada acquired a new position in shares of AB Core Plus Bond ETF in the first quarter worth $2,608,000. Goldman Sachs Group Inc. acquired a new stake in shares of AB Core Plus Bond ETF in the first quarter valued at $1,073,000. Jane Street Group LLC acquired a new stake in shares of AB Core Plus Bond ETF in the first quarter valued at $1,445,000. NewEdge Advisors LLC boosted its holdings in AB Core Plus Bond ETF by 15.3% in the second quarter. NewEdge Advisors LLC now owns 130,920 shares of the company’s stock valued at $4,646,000 after purchasing an additional 17,409 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in AB Core Plus Bond ETF by 14.2% in the second quarter. Alliancebernstein L.P. now owns 968,920 shares of the company’s stock valued at $34,383,000 after purchasing an additional 120,495 shares during the period.

AB Core Plus Bond ETF Stock Up 0.1%

NASDAQ:CPLS traded up $0.02 on Friday, reaching $34.56. 4,636 shares of the company’s stock were exchanged, compared to its average volume of 20,783. AB Core Plus Bond ETF has a 52-week low of $34.50 and a 52-week high of $36.29. The business has a fifty day moving average of $34.98 and a 200-day moving average of $35.31.

AB Core Plus Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.1283 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.