Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Short Interest Down 33.1% in August

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 18,587 shares, a decrease of 33.1% from the August 15th total of 27,793 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 5,147 shares, the short-interest ratio is currently 3.6 days.

Institutional Trading of Allspring Broad Market Core Bond ETF

An institutional investor recently raised its stake in Allspring Broad Market Core Bond ETF stock. Stiles Financial Services Inc boosted its holdings in shares of Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) by 32.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,130 shares of the company’s stock after purchasing an additional 12,338 shares during the period. Stiles Financial Services Inc owned about 0.59% of Allspring Broad Market Core Bond ETF worth $1,249,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Allspring Broad Market Core Bond ETF Trading Up 0.3%

Shares of NYSEARCA:AFIX traded up $0.07 during trading on Thursday, hitting $24.12. The stock had a trading volume of 1,377 shares, compared to its average volume of 26,968. Allspring Broad Market Core Bond ETF has a 12-month low of $23.99 and a 12-month high of $25.59. The stock has a 50-day simple moving average of $24.42 and a two-hundred day simple moving average of $24.73.

Allspring Broad Market Core Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, July 28th. Shareholders of record on Friday, July 24th were paid a dividend of $0.1137 per share. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date was Friday, July 24th. This is a positive change from Allspring Broad Market Core Bond ETF’s previous monthly dividend of $0.10.

Allspring Broad Market Core Bond ETF Company Profile

The Allspring Broad Market Core Bond ETF (AFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US and USD-denominated fixed income securities with broad credit and maturity. It seeks total return and primarily holds investment grade securities. AFIX was launched on Dec 4, 2024 and is issued by Allspring.