Allspring Income Plus ETF (NYSEARCA:AINP – Get Free Report) saw a significant decline in short interest in the month of October. As of October 15th, there was short interest totaling 5,092 shares, a decline of 99.6% from the September 30th total of 1,307,690 shares. Based on an average daily trading volume, of 5,246 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the company’s shares are sold short.
Institutional Investors Weigh In On Allspring Income Plus ETF
Institutional investors and hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC grew its stake in shares of Allspring Income Plus ETF by 4.3% in the second quarter. Integrated Wealth Concepts LLC now owns 198,313 shares of the company’s stock valued at $4,966,000 after buying an additional 8,100 shares in the last quarter. Citadel Advisors LLC acquired a new position in Allspring Income Plus ETF during the 2nd quarter worth approximately $1,158,000. Finally, Kestra Advisory Services LLC lifted its position in Allspring Income Plus ETF by 63.5% during the 1st quarter. Kestra Advisory Services LLC now owns 21,189 shares of the company’s stock worth $527,000 after acquiring an additional 8,232 shares in the last quarter.
Allspring Income Plus ETF Stock Performance
NYSEARCA:AINP opened at $24.25 on Wednesday. The firm’s fifty day simple moving average is $24.41 and its 200 day simple moving average is $24.90. Allspring Income Plus ETF has a twelve month low of $23.95 and a twelve month high of $25.53.
Allspring Income Plus ETF Cuts Dividend
The business also recently disclosed a monthly dividend, which was paid on Tuesday, October 27th. Shareholders of record on Friday, October 23rd were paid a dividend of $0.0735 per share. This is a drop from Allspring Income Plus ETF’s previous monthly dividend of $0.0997. This represents a $0.88 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date was Friday, October 23rd.
Allspring Income Plus ETF Company Profile
The Allspring Income Plus ETF (AINP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF that selects investments from a broad universe of corporate or government fixed income securities of any credit quality or maturity from issuers worldwide. AINP was launched on Dec 4, 2024 and is issued by Allspring.
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