ActivePassive Core Bond ETF (NYSEARCA:APCB) Sees Significant Decline in Short Interest

ActivePassive Core Bond ETF (NYSEARCA:APCB – Get Free Report) was the recipient of a large decrease in short interest in October. As of October 15th, there was short interest totaling 3,264 shares, a decrease of 81.8% from the September 30th total of 17,952 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 60,433 shares, the short-interest ratio is currently 0.1 days.

ActivePassive Core Bond ETF Stock Performance

Shares of NYSEARCA APCB opened at $28.54 on Tuesday. ActivePassive Core Bond ETF has a one year low of $27.98 and a one year high of $30.15. The business has a 50-day moving average price of $28.54 and a two-hundred day moving average price of $29.23.

ActivePassive Core Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 2nd. Shareholders of record on Thursday, October 1st were paid a $0.0255 dividend. The ex-dividend date was Thursday, October 1st. This represents a $0.31 annualized dividend and a yield of 1.1%. This is a drop from ActivePassive Core Bond ETF’s previous monthly dividend of $0.0765.

Institutional Investors Weigh In On ActivePassive Core Bond ETF

An institutional investor recently bought a new position in ActivePassive Core Bond ETF stock. Harbor Investment Advisory LLC bought a new stake in ActivePassive Core Bond ETF (NYSEARCA:APCB – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 3,171 shares of the company’s stock, valued at approximately $93,000.

About ActivePassive Core Bond ETF

(Get Free Report)

The ActivePassive Core Bond ETF (APCB) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that blends active and passive investment strategies. The fund seeks to provide current income with low volatility of principal APCB was launched on May 3, 2023 and is managed by Envestnet.

Recommended Stories

Receive News & Ratings for ActivePassive Core Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ActivePassive Core Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.