AB Core Plus Bond ETF (NASDAQ:CPLS) Short Interest Update

AB Core Plus Bond ETF (NASDAQ:CPLS) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 506 shares, a drop of 85.5% from the July 30th total of 3,492 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 7,009 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of AB Core Plus Bond ETF

Several large investors have recently bought and sold shares of CPLS. Cresta Advisors Ltd. purchased a new position in shares of AB Core Plus Bond ETF in the fourth quarter worth $153,000. Raymond James Financial Inc. grew its holdings in shares of AB Core Plus Bond ETF by 18.4% during the third quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock valued at $296,000 after buying an additional 1,281 shares during the last quarter. Goldman Sachs Group Inc. acquired a new position in shares of AB Core Plus Bond ETF in the 1st quarter valued at $1,073,000. Osaic Holdings Inc. increased its position in shares of AB Core Plus Bond ETF by 92.8% in the 4th quarter. Osaic Holdings Inc. now owns 32,815 shares of the company’s stock valued at $1,166,000 after acquiring an additional 15,794 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of AB Core Plus Bond ETF in the 1st quarter valued at $1,445,000.

AB Core Plus Bond ETF Stock Performance

Shares of CPLS stock opened at $34.67 on Wednesday. AB Core Plus Bond ETF has a fifty-two week low of $34.46 and a fifty-two week high of $36.29. The stock’s 50-day simple moving average is $34.78 and its 200-day simple moving average is $35.15.

AB Core Plus Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, August 6th. Investors of record on Monday, August 3rd were paid a $0.1308 dividend. This is a boost from AB Core Plus Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 4.5%.

About AB Core Plus Bond ETF

The AB Core Plus Bond ETF (CPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in USD-denominated corporate and government debt securities of any maturity and credit quality. CPLS was launched on Dec 13, 2023 and is issued by AB Funds.