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

AB Core Plus Bond ETF (NASDAQ:CPLS) saw a significant drop in short interest in August. As of August 14th, there was short interest totaling 506 shares, a drop of 85.5% from the July 30th total of 3,492 shares. Based on an average daily volume of 7,009 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of CPLS. Raymond James Financial Inc. lifted its holdings 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 valued at $296,000 after purchasing an additional 1,281 shares during the last quarter. Kestra Advisory Services LLC boosted its position in shares of AB Core Plus Bond ETF by 8.2% in the 1st quarter. Kestra Advisory Services LLC now owns 48,322 shares of the company’s stock worth $1,704,000 after purchasing an additional 3,656 shares in the last quarter. Valley Wealth Managers Inc. grew its stake in AB Core Plus Bond ETF by 6.4% during the 1st quarter. Valley Wealth Managers Inc. now owns 62,262 shares of the company’s stock worth $2,196,000 after buying an additional 3,724 shares during the last quarter. Royal Bank of Canada grew its stake 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 worth $4,224,000 after buying an additional 3,957 shares during the last quarter. Finally, Cresta Advisors Ltd. acquired a new position in AB Core Plus Bond ETF during the 4th quarter valued at about $153,000.

AB Core Plus Bond ETF Trading Up 0.3%

CPLS opened at $34.67 on Wednesday. The business’s 50-day moving average is $34.78 and its two-hundred day moving average is $35.15. AB Core Plus Bond ETF has a 1 year low of $34.46 and a 1 year high of $36.29.

AB Core Plus Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, August 6th. Stockholders of record on Monday, August 3rd were issued a $0.1308 dividend. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. This is an increase from AB Core Plus Bond ETF’s previous monthly dividend of $0.13.

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.