Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Short Interest Down 44.6% in July

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totaling 12,569 shares, a drop of 44.6% from the July 15th total of 22,679 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 20,289 shares, the days-to-cover ratio is presently 0.6 days.

Thrivent Core Plus Bond ETF Trading Down 0.3%

Shares of Thrivent Core Plus Bond ETF stock traded down $0.13 during trading on Monday, reaching $49.96. The company’s stock had a trading volume of 11,210 shares, compared to its average volume of 33,017. Thrivent Core Plus Bond ETF has a one year low of $49.73 and a one year high of $52.25. The business’s fifty day moving average price is $50.43 and its 200-day moving average price is $50.85.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in TCPB. Thrivent Financial for Lutherans lifted its stake in shares of Thrivent Core Plus Bond ETF by 3,367.4% in the fourth quarter. Thrivent Financial for Lutherans now owns 418,305 shares of the company’s stock valued at $21,463,000 after buying an additional 406,241 shares during the period. Jane Street Group LLC bought a new position in Thrivent Core Plus Bond ETF during the second quarter valued at about $3,763,000. Susquehanna International Group LLP acquired a new position in Thrivent Core Plus Bond ETF in the 3rd quarter valued at approximately $456,000. LPL Financial LLC raised its holdings in Thrivent Core Plus Bond ETF by 56.0% in the 4th quarter. LPL Financial LLC now owns 15,867 shares of the company’s stock valued at $814,000 after acquiring an additional 5,693 shares in the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Thrivent Core Plus Bond ETF in the 2nd quarter worth approximately $121,000.

About Thrivent Core Plus Bond ETF

The Thrivent Core Plus Bond ETF (TCPB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of debt securities with exposure to the global fixed income market. It may hold various debt investments of any credit rating, duration, and maturities TCPB was launched on Feb 19, 2025 and is issued by Thrivent.