Short Interest in OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Declines By 25.5%

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) was the recipient of a large decline in short interest in December. As of December 31st, there was short interest totaling 15,192 shares, a decline of 25.5% from the December 15th total of 20,382 shares. Based on an average daily trading volume, of 24,968 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 24,968 shares, the short-interest ratio is currently 0.6 days.

Institutional Investors Weigh In On OneAscent Core Plus Bond ETF

Several hedge funds have recently added to or reduced their stakes in the stock. Patron Partners LLC grew its stake in shares of OneAscent Core Plus Bond ETF by 0.4% in the second quarter. Patron Partners LLC now owns 129,655 shares of the company’s stock worth $2,954,000 after acquiring an additional 530 shares during the last quarter. Strategic Blueprint LLC grew its position in OneAscent Core Plus Bond ETF by 13.3% during the 3rd quarter. Strategic Blueprint LLC now owns 19,375 shares of the company’s stock valued at $447,000 after purchasing an additional 2,274 shares during the last quarter. Winnow Wealth LLC bought a new stake in OneAscent Core Plus Bond ETF during the 3rd quarter valued at about $154,000. Finally, EverSource Wealth Advisors LLC purchased a new position in OneAscent Core Plus Bond ETF in the third quarter worth about $44,000.

OneAscent Core Plus Bond ETF Trading Down 0.1%

NYSEARCA OACP traded down $0.03 during trading hours on Friday, reaching $23.08. 21,767 shares of the company’s stock traded hands, compared to its average volume of 31,588. OneAscent Core Plus Bond ETF has a 52-week low of $22.14 and a 52-week high of $23.77. The firm has a 50-day simple moving average of $23.10 and a 200 day simple moving average of $23.01.

OneAscent Core Plus Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were given a $0.1024 dividend. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. This is an increase from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.07.

OneAscent Core Plus Bond ETF Company Profile

The OneAscent Core Plus Bond ETF (OACP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria. OACP was launched on Mar 30, 2022 and is managed by Oneascent.