Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) Plans Monthly Dividend of $0.08

Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) declared a monthly dividend on Thursday, October 22nd. Investors of record on Friday, October 23rd will be paid a dividend of $0.0776 per share on Tuesday, October 27th. This represents a $0.93 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, October 23rd. This is a 13.8% decrease from Allspring Broad Market Core Bond ETF’s previous monthly dividend of $0.09.

Allspring Broad Market Core Bond ETF Stock Performance

Shares of NYSEARCA AFIX traded down $0.15 during trading hours on Friday, reaching $23.97. 605 shares of the stock traded hands, compared to its average volume of 25,356. The company’s 50-day simple moving average is $24.05 and its two-hundred day simple moving average is $24.50. Allspring Broad Market Core Bond ETF has a 52-week low of $23.51 and a 52-week high of $25.56.

Institutional Investors Weigh In On Allspring Broad Market Core Bond ETF

An institutional investor recently raised its stake in Allspring Broad Market Core Bond ETF stock. James J. Burns & Company LLC increased its holdings in Allspring Broad Market Core Bond ETF (NYSEARCA:AFIX) by 4.8% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,208,064 shares of the company’s stock after purchasing an additional 100,346 shares during the period. Allspring Broad Market Core Bond ETF makes up about 5.6% of James J. Burns & Company LLC’s holdings, making the stock its 3rd biggest holding. James J. Burns & Company LLC owned approximately 26.29% of Allspring Broad Market Core Bond ETF worth $52,047,000 at the end of the most recent quarter.

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.