AB Core Plus Bond ETF (NASDAQ:CPLS) Stock Short Interest Report for September

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 69 shares, a drop of 89.7% from the September 15th total of 671 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 15,025 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the business. Valley Wealth Managers Inc. bought a new stake in AB Core Plus Bond ETF during the third quarter worth about $3,513,000. Envestnet Asset Management Inc. grew its stake in shares of AB Core Plus Bond ETF by 3.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 152,302 shares of the company’s stock worth $5,354,000 after buying an additional 4,388 shares during the last quarter. Royal Bank of Canada increased its position in AB Core Plus Bond ETF by 3.4% during the 1st quarter. Royal Bank of Canada now owns 119,771 shares of the company’s stock valued at $4,224,000 after buying an additional 3,957 shares in the last quarter. Finally, Kestra Advisory Services LLC increased its position in AB Core Plus Bond ETF by 8.2% during the 1st quarter. Kestra Advisory Services LLC now owns 48,322 shares of the company’s stock valued at $1,704,000 after buying an additional 3,656 shares in the last quarter.

AB Core Plus Bond ETF Stock Down 0.0%

Shares of CPLS stock opened at $33.41 on Friday. The business’s fifty day moving average is $34.17 and its 200 day moving average is $34.76. AB Core Plus Bond ETF has a twelve month low of $33.21 and a twelve month high of $36.29.

AB Core Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Thursday, October 1st were issued a dividend of $0.1290 per share. This is a drop from AB Core Plus Bond ETF’s previous monthly dividend of $0.1325. The ex-dividend date was Thursday, October 1st. This represents a $1.55 dividend on an annualized basis and a dividend yield of 4.6%.

About AB Core Plus Bond ETF

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.