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 the month of 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. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 868 shares, the days-to-cover ratio is currently 6.2 days.

Thornburg Core Plus Bond ETF Price Performance

NASDAQ:TPLS traded up $0.06 during mid-day trading on Monday, reaching $24.75. 727 shares of the stock were exchanged, compared to its average volume of 4,670. The business has a fifty day moving average price of $24.98 and a 200 day moving average price of $25.24. Thornburg Core Plus Bond ETF has a 1-year low of $24.63 and a 1-year high of $26.00.

Thornburg Core Plus Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 31st. Stockholders 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) annualized dividend and a dividend yield of 6.2%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Cornerstone Wealth Group LLC lifted its position in shares of Thornburg Core Plus Bond ETF by 40.6% during the 1st quarter. Cornerstone Wealth Group LLC now owns 230,669 shares of the company’s stock valued at $5,844,000 after acquiring an additional 66,635 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Thornburg Core Plus Bond ETF by 108.8% during the 2nd quarter. Jane Street Group LLC now owns 20,861 shares of the company’s stock worth $529,000 after acquiring an additional 10,872 shares in the last quarter. Finally, Integrity Wealth Solutions LLC grew its holdings in shares of Thornburg Core Plus Bond ETF by 30.6% in the 1st quarter. Integrity Wealth Solutions LLC now owns 15,903 shares of the company’s stock worth $401,000 after acquiring an additional 3,726 shares during the last quarter.

About Thornburg Core Plus Bond ETF

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.