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

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a large growth in short interest in July. As of July 15th, there was short interest totaling 1,053 shares, a growth of 261.9% from the June 30th total of 291 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 17,619 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Cresta Advisors Ltd. purchased a new stake in shares of AB Core Plus Bond ETF in the 4th quarter valued at approximately $153,000. Raymond James Financial Inc. lifted its position in shares of AB Core Plus Bond ETF by 18.4% during the 3rd quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock worth $296,000 after purchasing an additional 1,281 shares during the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of AB Core Plus Bond ETF during the 1st quarter worth $1,073,000. Osaic Holdings Inc. grew its stake in shares of AB Core Plus Bond ETF by 92.8% during the fourth quarter. Osaic Holdings Inc. now owns 32,815 shares of the company’s stock worth $1,166,000 after purchasing an additional 15,794 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of AB Core Plus Bond ETF during the first quarter worth $1,445,000.

AB Core Plus Bond ETF Stock Performance

Shares of CPLS traded up $0.02 during midday trading on Friday, hitting $34.56. The company had a trading volume of 4,636 shares, compared to its average volume of 20,783. The company’s 50-day simple moving average is $34.98 and its 200-day simple moving average is $35.31. AB Core Plus Bond ETF has a 1 year low of $34.50 and a 1 year high of $36.29.

AB Core Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 7th. Investors of record on Wednesday, July 1st were issued a $0.1283 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 4.5%.

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.