AB Core Plus Bond ETF (NASDAQ:CPLS – Get Free Report) saw a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 1,064 shares, a decline of 90.7% from the April 15th total of 11,428 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 11,399 shares, the days-to-cover ratio is currently 0.1 days.
Hedge Funds Weigh In On AB Core Plus Bond ETF
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada purchased a new stake in AB Core Plus Bond ETF during the first quarter valued at about $2,608,000. Goldman Sachs Group Inc. purchased a new stake in AB Core Plus Bond ETF during the first quarter valued at about $1,073,000. Jane Street Group LLC purchased a new stake in AB Core Plus Bond ETF during the first quarter valued at about $1,445,000. NewEdge Advisors LLC lifted its holdings in AB Core Plus Bond ETF by 15.3% during the second quarter. NewEdge Advisors LLC now owns 130,920 shares of the company’s stock valued at $4,646,000 after purchasing an additional 17,409 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in AB Core Plus Bond ETF by 14.2% during the second quarter. Alliancebernstein L.P. now owns 968,920 shares of the company’s stock valued at $34,383,000 after purchasing an additional 120,495 shares during the last quarter.
AB Core Plus Bond ETF Price Performance
Shares of NASDAQ:CPLS traded down $0.11 during midday trading on Monday, reaching $35.19. The company had a trading volume of 7,992 shares, compared to its average volume of 25,197. The company’s 50 day moving average price is $35.35 and its 200 day moving average price is $35.62. AB Core Plus Bond ETF has a 52-week low of $34.60 and a 52-week high of $36.29.
AB Core Plus Bond ETF Dividend Announcement
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.
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