Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Trading Down 0.2% – What’s Next?

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) shares fell 0.2% during mid-day trading on Friday . The stock traded as low as $24.49 and last traded at $24.51. Approximately 1,283 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 4,289 shares. The stock had previously closed at $24.57.

Thornburg Core Plus Bond ETF Trading Down 0.2%

The stock’s fifty day moving average is $24.74 and its 200-day moving average is $25.06.

Thornburg Core Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 31st. Stockholders of record on Friday, August 28th were paid a dividend of $0.0942 per share. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Friday, August 28th.

Institutional Investors Weigh In On Thornburg Core Plus Bond ETF

A hedge fund recently raised its position in Thornburg Core Plus Bond ETF stock. Cornerstone Wealth Group LLC increased its holdings in Thornburg Core Plus Bond ETF (NASDAQ:TPLS) by 40.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 230,669 shares of the company’s stock after purchasing an additional 66,635 shares during the quarter. Cornerstone Wealth Group LLC owned 28.83% of Thornburg Core Plus Bond ETF worth $5,844,000 at the end of the most recent reporting period.

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.