AB Core Plus Bond ETF (NASDAQ:CPLS – Get Free Report) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 110 shares, a decline of 76.2% from the October 15th total of 463 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 7,959 shares, the days-to-cover ratio is currently 0.0 days.
AB Core Plus Bond ETF Stock Performance
Shares of CPLS stock opened at $33.79 on Thursday. The firm has a fifty day moving average of $33.81 and a 200-day moving average of $34.81. AB Core Plus Bond ETF has a 52-week low of $33.21 and a 52-week high of $36.06.
AB Core Plus Bond ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Thursday, November 5th. Investors of record on Monday, November 2nd were given a $0.1335 dividend. This represents a $1.60 annualized dividend and a yield of 4.7%. This is a boost from AB Core Plus Bond ETF’s previous monthly dividend of $0.1290. The ex-dividend date of this dividend was Monday, November 2nd.
Institutional Investors Weigh In On AB Core Plus Bond ETF
A number of institutional investors have recently added to or reduced their stakes in CPLS. Kestra Advisory Services LLC lifted its position in shares of AB Core Plus Bond ETF by 8.2% during the 1st quarter. Kestra Advisory Services LLC now owns 48,322 shares of the company’s stock worth $1,704,000 after buying an additional 3,656 shares during the period. Valley Wealth Managers Inc. grew its holdings 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 acquiring an additional 3,724 shares during the last quarter. Royal Bank of Canada raised its stake in shares of AB Core Plus Bond ETF by 3.4% in the first quarter. Royal Bank of Canada now owns 119,771 shares of the company’s stock worth $4,224,000 after acquiring an additional 3,957 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in AB Core Plus Bond ETF by 3.0% in the second quarter. Envestnet Asset Management Inc. now owns 152,302 shares of the company’s stock valued at $5,354,000 after acquiring an additional 4,388 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in AB Core Plus Bond ETF during the 3rd quarter worth $669,000.
About AB Core Plus Bond ETF
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.
Featured Articles
- Five stocks we like better than AB Core Plus Bond ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for AB Core Plus Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB Core Plus Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
