Short Interest in Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Declines By 33.1%

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 18,587 shares, a decline of 33.1% from the August 15th total of 27,793 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 5,147 shares, the short-interest ratio is presently 3.6 days.

Allspring Broad Market Core Bond ETF Trading Up 0.3%

Shares of NYSEARCA AFIX traded up $0.07 during mid-day trading on Thursday, reaching $24.12. 1,377 shares of the company were exchanged, compared to its average volume of 26,968. Allspring Broad Market Core Bond ETF has a 1 year low of $23.99 and a 1 year high of $25.59. The firm has a 50-day moving average of $24.42 and a 200 day moving average of $24.73.

Allspring Broad Market Core Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, July 28th. Shareholders of record on Friday, July 24th were issued a $0.1137 dividend. This is a boost from Allspring Broad Market Core Bond ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 5.7%. The ex-dividend date was Friday, July 24th.

Institutional Trading of Allspring Broad Market Core Bond ETF

A hedge fund recently raised its position in Allspring Broad Market Core Bond ETF stock. Stiles Financial Services Inc lifted its position in Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) by 32.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,130 shares of the company’s stock after buying an additional 12,338 shares during the period. Stiles Financial Services Inc owned approximately 0.59% of Allspring Broad Market Core Bond ETF worth $1,249,000 as of its most recent SEC filing.

Allspring Broad Market Core Bond ETF Company Profile

The Allspring Broad Market Core Bond ETF (AFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US and USD-denominated fixed income securities with broad credit and maturity. It seeks total return and primarily holds investment grade securities. AFIX was launched on Dec 4, 2024 and is issued by Allspring.