Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Trading 0% Higher – Here’s Why

Thornburg Core Plus Bond ETF (NASDAQ:TPLSGet Free Report)’s stock price traded up 0% on Thursday . The company traded as high as $25.43 and last traded at $25.41. 286 shares were traded during mid-day trading, a decline of 95% from the average session volume of 5,853 shares. The stock had previously closed at $25.40.

Thornburg Core Plus Bond ETF Trading Down 0.9%

The firm’s fifty day moving average price is $25.60 and its two-hundred day moving average price is $25.63.

Thornburg Core Plus Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were paid a dividend of $0.0881 per share. The ex-dividend date was Thursday, February 26th. This is a boost from Thornburg Core Plus Bond ETF’s previous dividend of $0.01.

Hedge Funds Weigh In On Thornburg Core Plus Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Cornerstone Wealth Group LLC increased its position in Thornburg Core Plus Bond ETF by 24.9% during the fourth quarter. Cornerstone Wealth Group LLC now owns 164,034 shares of the company’s stock valued at $4,176,000 after acquiring an additional 32,668 shares during the last quarter. PFG Private Wealth Management LLC bought a new stake in shares of Thornburg Core Plus Bond ETF during the 3rd quarter valued at about $307,000. Finally, Jane Street Group LLC increased its position 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 valued at $529,000 after purchasing an additional 10,872 shares during the last quarter.

Thornburg Core Plus Bond ETF Company Profile

(Get Free Report)

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.

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