Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Shares Shorted: Short Interest Down 51.6% in September

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) saw a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 3,983 shares, a drop of 51.6% from the September 15th total of 8,223 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 55,838 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its stake in Thrivent Core Plus Bond ETF by 7.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,541,744 shares of the company’s stock worth $331,797,000 after purchasing an additional 477,556 shares during the period. Citadel Advisors LLC raised its position in Thrivent Core Plus Bond ETF by 98.9% in the 2nd quarter. Citadel Advisors LLC now owns 26,317 shares of the company’s stock valued at $1,335,000 after buying an additional 13,087 shares during the last quarter. Blue Trust Inc. acquired a new position in Thrivent Core Plus Bond ETF during the 1st quarter worth approximately $31,000. Finally, Winch Advisory Services LLC acquired a new position in Thrivent Core Plus Bond ETF during the 1st quarter worth approximately $27,000.

Thrivent Core Plus Bond ETF Trading Up 0.6%

Shares of NYSEARCA:TCPB traded up $0.29 during trading on Thursday, hitting $48.88. 33,724 shares of the company’s stock traded hands, compared to its average volume of 34,060. Thrivent Core Plus Bond ETF has a 52 week low of $47.92 and a 52 week high of $52.25. The company has a 50-day moving average price of $49.35 and a 200-day moving average price of $50.19.

Thrivent Core Plus Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 29th were issued a dividend of $0.1648 per share. This is a decrease from Thrivent Core Plus Bond ETF’s previous monthly dividend of $0.1869. The ex-dividend date was Tuesday, September 29th. This represents a $1.98 annualized dividend and a yield of 4.0%.

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.