Short Interest in Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Expands By 680.9%

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) saw a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 1,468 shares, a growth of 680.9% from the April 15th total of 188 shares. Based on an average daily volume of 926 shares, the short-interest ratio is presently 1.6 days. Currently, 0.2% of the company’s stock are short sold.

Thornburg Core Plus Bond ETF Price Performance

Shares of NASDAQ TPLS remained flat at $25.17 during midday trading on Tuesday. 1,100 shares of the stock were exchanged, compared to its average volume of 4,300. Thornburg Core Plus Bond ETF has a 12 month low of $24.75 and a 12 month high of $26.00. The stock has a fifty day simple moving average of $25.35 and a 200 day simple moving average of $25.53.

Thornburg Core Plus Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On Thornburg Core Plus Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in TPLS. Cornerstone Wealth Group LLC grew its stake in shares of Thornburg Core Plus Bond ETF by 40.6% in the first quarter. Cornerstone Wealth Group LLC now owns 230,669 shares of the company’s stock valued at $5,844,000 after buying an additional 66,635 shares in the last quarter. PFG Private Wealth Management LLC bought a new position in shares of Thornburg Core Plus Bond ETF in the third quarter valued at $307,000. Jane Street Group LLC grew its stake in shares of Thornburg Core Plus Bond ETF by 108.8% in the second quarter. Jane Street Group LLC now owns 20,861 shares of the company’s stock valued at $529,000 after buying an additional 10,872 shares in the last quarter. Finally, Integrity Wealth Solutions LLC grew its stake in shares of Thornburg Core Plus Bond ETF by 30.6% in the first quarter. Integrity Wealth Solutions LLC now owns 15,903 shares of the company’s stock valued at $401,000 after buying an additional 3,726 shares in the last quarter.

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.