AB Core Plus Bond ETF (NASDAQ:CPLS) Short Interest Update

AB Core Plus Bond ETF (NASDAQ:CPLS) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 620 shares, a decline of 41.7% from the April 30th total of 1,064 shares. Based on an average daily trading volume, of 6,628 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

AB Core Plus Bond ETF Price Performance

CPLS traded up $0.06 during trading on Thursday, hitting $35.08. The stock had a trading volume of 474 shares, compared to its average volume of 23,113. AB Core Plus Bond ETF has a twelve month low of $34.67 and a twelve month high of $36.29. The stock has a 50 day simple moving average of $35.21 and a two-hundred day simple moving average of $35.51.

AB Core Plus Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Monday, June 1st will be given a $0.1307 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Monday, June 1st. This is a positive change from AB Core Plus Bond ETF’s previous monthly dividend of $0.13.

Institutional Trading of AB Core Plus Bond ETF

Institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. raised its holdings in shares of AB Core Plus Bond ETF by 119.2% in the third quarter. Envestnet Asset Management Inc. now owns 134,057 shares of the company’s stock worth $4,813,000 after buying an additional 72,906 shares during the last quarter. JPMorgan Chase & Co. acquired a new position in shares of AB Core Plus Bond ETF in the 3rd quarter valued at $1,899,000. Valley Wealth Managers Inc. increased its position in shares of AB Core Plus Bond ETF by 43.5% in the 4th quarter. Valley Wealth Managers Inc. now owns 58,538 shares of the company’s stock valued at $2,080,000 after acquiring an additional 17,755 shares during the period. Cresta Advisors Ltd. purchased a new position in AB Core Plus Bond ETF in the 4th quarter worth $153,000. Finally, Goldman Sachs Group Inc. lifted its position in AB Core Plus Bond ETF by 274.3% during the 4th quarter. Goldman Sachs Group Inc. now owns 145,092 shares of the company’s stock worth $5,157,000 after acquiring an additional 106,329 shares during the period.

AB Core Plus Bond ETF Company Profile

The AB Core Plus Bond ETF (CPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in USD-denominated corporate and government debt securities of any maturity and credit quality. CPLS was launched on Dec 13, 2023 and is issued by AB Funds.