Short Interest in Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Declines By 54.9%

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 1,406 shares, a decline of 54.9% from the May 14th total of 3,118 shares. Based on an average daily volume of 1,302 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of Thornburg Core Plus Bond ETF

Large investors have recently made changes to their positions in the stock. Jane Street Group LLC bought a new stake in shares of Thornburg Core Plus Bond ETF during the 1st quarter worth about $253,000. Integrity Wealth Solutions LLC boosted its stake in shares of Thornburg Core Plus Bond ETF by 30.6% during the 1st quarter. Integrity Wealth Solutions LLC now owns 15,903 shares of the company’s stock worth $401,000 after acquiring an additional 3,726 shares in the last quarter. Finally, Cornerstone Wealth Group LLC boosted its stake in shares of Thornburg Core Plus Bond ETF by 24.9% during the 4th quarter. Cornerstone Wealth Group LLC now owns 164,034 shares of the company’s stock worth $4,176,000 after acquiring an additional 32,668 shares in the last quarter.

Thornburg Core Plus Bond ETF Stock Performance

NASDAQ TPLS traded down $0.02 on Friday, reaching $25.16. The stock had a trading volume of 473 shares, compared to its average volume of 3,778. The business has a 50 day moving average price of $25.17 and a 200 day moving average price of $25.43. Thornburg Core Plus Bond ETF has a 1 year low of $24.82 and a 1 year high of $26.00.

Thornburg Core Plus Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 28th were paid a dividend of $0.0995 per share. This is a boost from Thornburg Core Plus Bond ETF’s previous dividend of $0.09. The ex-dividend date was Thursday, May 28th.

About Thornburg Core Plus Bond ETF

The Thornburg Core Plus Bond ETF (TPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns through investments in the broad US fixed-income market. Securities can be of any credit quality and maturity. TPLS was launched on Feb 5, 2025 and is issued by Thornburg.