Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Shares of Thornburg Core Plus Bond ETF (NASDAQ:TPLS) crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $24.39 and traded as high as $24.53. Thornburg Core Plus Bond ETF shares last traded at $24.43, with a volume of 7,697 shares traded.

Thornburg Core Plus Bond ETF Stock Performance

The stock has a 50-day simple moving average of $24.39 and a 200-day simple moving average of $25.02.

Thornburg Core Plus Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Investors of record on Thursday, October 29th were paid a dividend of $0.0933 per share. This is an increase from Thornburg Core Plus Bond ETF’s previous monthly dividend of $0.0883. This represents a $1.12 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Thursday, October 29th.

Hedge Funds Weigh In On Thornburg Core Plus Bond ETF

A hedge fund recently raised its position in Thornburg Core Plus Bond ETF stock. Integrity Wealth Solutions LLC boosted its stake in Thornburg Core Plus Bond ETF (NASDAQ:TPLS) by 30.6% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,903 shares of the company’s stock after buying an additional 3,726 shares during the period. Integrity Wealth Solutions LLC owned 1.99% of Thornburg Core Plus Bond ETF worth $401,000 at the end of the most recent quarter.

Thornburg Core Plus Bond ETF Company Profile

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.