Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Shares of Thornburg Core Plus Bond ETF (NASDAQ:TPLS) passed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $24.39 and traded as high as $24.53. Thornburg Core Plus Bond ETF shares last traded at $24.43, with a volume of 7,697 shares.

Thornburg Core Plus Bond ETF Price Performance

The company’s 50-day moving average is $24.39 and its two-hundred day moving average is $25.02.

Thornburg Core Plus Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 30th. Shareholders of record on Thursday, October 29th were paid a $0.0933 dividend. The ex-dividend date was Thursday, October 29th. This is an increase from Thornburg Core Plus Bond ETF’s previous monthly dividend of $0.0883. This represents a $1.12 annualized dividend and a dividend yield of 4.6%.

Institutional Investors Weigh In On Thornburg Core Plus Bond ETF

An institutional investor recently raised its stake in Thornburg Core Plus Bond ETF stock. Integrity Wealth Solutions LLC lifted its holdings in shares of Thornburg Core Plus Bond ETF (NASDAQ:TPLS) by 30.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,903 shares of the company’s stock after buying an additional 3,726 shares during the period. Integrity Wealth Solutions LLC owned approximately 1.99% of Thornburg Core Plus Bond ETF worth $401,000 at the end of the most recent reporting period.

About Thornburg Core Plus Bond ETF

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.