Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Short Interest Down 90.3% in June

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 19,793 shares, a drop of 90.3% from the May 31st total of 203,262 shares. Based on an average daily trading volume, of 43,087 shares, the days-to-cover ratio is currently 0.5 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On Thrivent Core Plus Bond ETF

Several hedge funds have recently modified their holdings of the company. Thrivent Financial for Lutherans increased its position in Thrivent Core Plus Bond ETF by 3,367.4% during the 4th quarter. Thrivent Financial for Lutherans now owns 418,305 shares of the company’s stock valued at $21,463,000 after purchasing an additional 406,241 shares during the period. Jane Street Group LLC acquired a new position in shares of Thrivent Core Plus Bond ETF during the second quarter valued at about $3,763,000. Susquehanna International Group LLP bought a new stake in Thrivent Core Plus Bond ETF in the 3rd quarter valued at about $456,000. LPL Financial LLC grew its position 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 purchasing an additional 5,693 shares during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Thrivent Core Plus Bond ETF during the second quarter valued at about $121,000.

Thrivent Core Plus Bond ETF Price Performance

NYSEARCA TCPB traded up $0.04 during trading on Friday, reaching $51.05. 15,448 shares of the company’s stock were exchanged, compared to its average volume of 35,634. The business has a 50 day moving average price of $50.76 and a 200-day moving average price of $51.13. Thrivent Core Plus Bond ETF has a fifty-two week low of $50.11 and a fifty-two week high of $52.25.

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.