Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Sees Significant Decrease in Short Interest

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 3,983 shares, a decline of 51.6% from the September 15th total of 8,223 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 55,838 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On Thrivent Core Plus Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Envestnet Asset Management Inc. grew its position in Thrivent Core Plus Bond ETF by 7.9% in the second quarter. Envestnet Asset Management Inc. now owns 6,541,744 shares of the company’s stock worth $331,797,000 after acquiring an additional 477,556 shares in the last quarter. Citadel Advisors LLC boosted its stake in shares of Thrivent Core Plus Bond ETF by 98.9% during the second quarter. Citadel Advisors LLC now owns 26,317 shares of the company’s stock valued at $1,335,000 after purchasing an additional 13,087 shares during the period. Winch Advisory Services LLC bought a new position in shares of Thrivent Core Plus Bond ETF in the first quarter worth approximately $27,000. Finally, Blue Trust Inc. bought a new position in shares of Thrivent Core Plus Bond ETF in the first quarter worth approximately $31,000.

Thrivent Core Plus Bond ETF Stock Down 0.2%

Shares of NYSEARCA TCPB traded down $0.09 during trading on Friday, reaching $48.79. 11,064 shares of the stock traded hands, compared to its average volume of 33,943. Thrivent Core Plus Bond ETF has a 52-week low of $47.92 and a 52-week high of $52.25. The company has a 50-day moving average of $49.35 and a 200-day moving average of $50.19.

Thrivent Core Plus Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 29th were given a dividend of $0.1648 per share. This is a drop from Thrivent Core Plus Bond ETF’s previous monthly dividend of $0.1869. This represents a $1.98 annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Tuesday, September 29th.

Thrivent Core Plus Bond ETF Company Profile

The Thrivent Core Plus Bond ETF (TCPB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of debt securities with exposure to the global fixed income market. It may hold various debt investments of any credit rating, duration, and maturities TCPB was launched on Feb 19, 2025 and is issued by Thrivent.