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

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 8,262 shares, a drop of 34.3% from the July 30th total of 12,569 shares. Based on an average daily trading volume, of 16,188 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Thrivent Core Plus Bond ETF Stock Down 0.4%

TCPB traded down $0.19 during midday trading on Tuesday, reaching $49.66. The company had a trading volume of 18,615 shares, compared to its average volume of 33,387. Thrivent Core Plus Bond ETF has a 12-month low of $49.65 and a 12-month high of $52.25. The business has a 50-day moving average price of $50.30 and a two-hundred day moving average price of $50.75.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Thrivent Financial for Lutherans boosted its position in Thrivent Core Plus Bond ETF by 3,367.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 418,305 shares of the company’s stock worth $21,463,000 after purchasing an additional 406,241 shares during the period. Bank of America Corp DE bought a new stake in shares of Thrivent Core Plus Bond ETF during the 2nd quarter valued at about $25,000. NewEdge Advisors LLC bought a new stake in Thrivent Core Plus Bond ETF during the third quarter valued at approximately $34,000. LPL Financial LLC increased its stake in Thrivent Core Plus Bond ETF by 56.0% in the fourth quarter. LPL Financial LLC now owns 15,867 shares of the company’s stock valued at $814,000 after acquiring an additional 5,693 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in shares of Thrivent Core Plus Bond ETF by 182.2% in the 4th quarter. Jane Street Group LLC now owns 22,427 shares of the company’s stock worth $1,151,000 after acquiring an additional 14,481 shares during the last quarter.

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.