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 April. As of April 30th, there was short interest totaling 1,468 shares, an increase of 680.9% from the April 15th total of 188 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 926 shares, the short-interest ratio is presently 1.6 days.

Thornburg Core Plus Bond ETF Stock Performance

TPLS remained flat at $25.17 on Tuesday. 1,100 shares of the company were exchanged, compared to its average volume of 4,300. The business has a 50-day moving average price of $25.35 and a 200 day moving average price of $25.53. Thornburg Core Plus Bond ETF has a 52-week low of $24.75 and a 52-week high of $26.00.

Thornburg Core Plus Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 30th. Investors of record on Wednesday, April 29th were given a $0.1068 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date was Wednesday, April 29th.

Institutional Trading of Thornburg Core Plus Bond ETF

Several hedge funds have recently bought and sold shares of TPLS. Jane Street Group LLC acquired a new stake in Thornburg Core Plus Bond ETF during the 1st quarter worth approximately $253,000. PFG Private Wealth Management LLC acquired a new stake in Thornburg Core Plus Bond ETF during the 3rd quarter worth approximately $307,000. Integrity Wealth Solutions LLC raised its holdings in Thornburg Core Plus Bond ETF by 30.6% during the 1st quarter. Integrity Wealth Solutions LLC now owns 15,903 shares of the company’s stock worth $401,000 after buying an additional 3,726 shares during the period. Finally, Cornerstone Wealth Group LLC raised its holdings in Thornburg Core Plus Bond ETF by 23.9% during the 3rd quarter. Cornerstone Wealth Group LLC now owns 131,366 shares of the company’s stock worth $3,360,000 after buying an additional 25,337 shares during the period.

Thornburg Core Plus Bond ETF Company Profile

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.