OneAscent Core Plus Bond ETF (NYSEARCA:OACP) Sees Large Drop in Short Interest

OneAscent Core Plus Bond ETF (NYSEARCA:OACP) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 39,270 shares, a decline of 44.8% from the January 29th total of 71,118 shares. Based on an average trading volume of 35,873 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.4% of the shares of the company are short sold. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 35,873 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of OneAscent Core Plus Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Strategic Blueprint LLC boosted its holdings in OneAscent Core Plus Bond ETF by 13.3% in the third quarter. Strategic Blueprint LLC now owns 19,375 shares of the company’s stock valued at $447,000 after purchasing an additional 2,274 shares during the last quarter. Winnow Wealth LLC acquired a new position in shares of OneAscent Core Plus Bond ETF in the 3rd quarter valued at about $154,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in shares of OneAscent Core Plus Bond ETF in the third quarter worth about $44,000.

OneAscent Core Plus Bond ETF Stock Up 0.2%

OneAscent Core Plus Bond ETF stock traded up $0.04 during trading hours on Friday, hitting $23.24. 15,304 shares of the stock traded hands, compared to its average volume of 34,780. The firm’s 50 day moving average price is $23.11 and its 200-day moving average price is $23.10. OneAscent Core Plus Bond ETF has a 1 year low of $22.14 and a 1 year high of $23.77.

OneAscent Core Plus Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, March 3rd. Shareholders of record on Thursday, February 26th will be given a dividend of $0.0756 per share. The ex-dividend date of this dividend is Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 3.9%. This is a boost from OneAscent Core Plus Bond ETF’s previous monthly dividend of $0.08.

OneAscent Core Plus Bond ETF Company Profile

The OneAscent Core Plus Bond ETF (OACP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to debt securities of any maturity while applying special consideration to values-based and proprietary impact criteria. OACP was launched on Mar 30, 2022 and is managed by Oneascent.