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

AB Core Plus Bond ETF (NASDAQ:CPLS) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 1,284 shares, a growth of 453.4% from the November 30th total of 232 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 33,277 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 33,277 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On AB Core Plus Bond ETF

Several hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC boosted its position in AB Core Plus Bond ETF by 5.4% during the 3rd quarter. NewEdge Advisors LLC now owns 137,966 shares of the company’s stock worth $4,953,000 after acquiring an additional 7,046 shares during the period. Alliancebernstein L.P. lifted its position in shares of AB Core Plus Bond ETF by 5.3% in the third quarter. Alliancebernstein L.P. now owns 1,020,322 shares of the company’s stock worth $36,630,000 after purchasing an additional 51,402 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of AB Core Plus Bond ETF by 18.4% during the third quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock worth $296,000 after purchasing an additional 1,281 shares during the period. JPMorgan Chase & Co. acquired a new stake in shares of AB Core Plus Bond ETF during the third quarter worth approximately $1,899,000. Finally, Envestnet Asset Management Inc. grew its position in AB Core Plus Bond ETF by 119.2% during the third quarter. Envestnet Asset Management Inc. now owns 134,057 shares of the company’s stock valued at $4,813,000 after purchasing an additional 72,906 shares in the last quarter.

AB Core Plus Bond ETF Stock Up 0.1%

Shares of AB Core Plus Bond ETF stock opened at $35.81 on Friday. AB Core Plus Bond ETF has a 12-month low of $34.22 and a 12-month high of $36.29. The stock’s fifty day moving average is $35.84 and its 200-day moving average is $35.63.

AB Core Plus Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, November 6th. Stockholders of record on Monday, November 3rd were given a $0.1302 dividend. This represents a c) annualized dividend and a dividend yield of 4.4%. This is a boost from AB Core Plus Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Monday, November 3rd.

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.