Wedbush Securities Inc. Buys New Position in ActivePassive Core Bond ETF $APCB

Wedbush Securities Inc. purchased a new stake in ActivePassive Core Bond ETF (NYSEARCA:APCB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 86,219 shares of the company’s stock, valued at approximately $2,423,000. Wedbush Securities Inc. owned approximately 0.25% of ActivePassive Core Bond ETF at the end of the most recent quarter.

Separately, Harbor Investment Advisory LLC bought a new stake in shares of ActivePassive Core Bond ETF in the second quarter valued at approximately $93,000.

ActivePassive Core Bond ETF Price Performance

Shares of NYSEARCA:APCB opened at $28.50 on Friday. ActivePassive Core Bond ETF has a 1 year low of $27.98 and a 1 year high of $30.15. The business’s 50 day simple moving average is $28.54 and its 200 day simple moving average is $29.03.

ActivePassive Core Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 2nd. Stockholders of record on Thursday, October 1st were given a dividend of $0.0255 per share. This represents a $0.31 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Thursday, October 1st. This is a negative change from ActivePassive Core Bond ETF’s previous monthly dividend of $0.0765.

ActivePassive Core Bond ETF Company Profile

The ActivePassive Core Bond ETF (APCB) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that blends active and passive investment strategies. The fund seeks to provide current income with low volatility of principal APCB was launched on May 3, 2023 and is managed by Envestnet.