Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) Sees Significant Decrease in Short Interest

Thrivent Core Plus Bond ETF (NYSEARCA:TCPB) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 3,983 shares, a decrease of 51.6% from the September 15th total of 8,223 shares. Based on an average daily volume of 55,838 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On Thrivent Core Plus Bond ETF

Several institutional investors have recently bought and sold shares of TCPB. Envestnet Asset Management Inc. lifted its stake in Thrivent Core Plus Bond ETF by 7.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 6,541,744 shares of the company’s stock worth $331,797,000 after purchasing an additional 477,556 shares in the last quarter. Citadel Advisors LLC boosted its holdings in shares of Thrivent Core Plus Bond ETF by 98.9% during the 2nd quarter. Citadel Advisors LLC now owns 26,317 shares of the company’s stock valued at $1,335,000 after purchasing an additional 13,087 shares during the last quarter. Blue Trust Inc. bought a new position in shares of Thrivent Core Plus Bond ETF during the 1st quarter valued at about $31,000. Finally, Winch Advisory Services LLC purchased a new position in shares of Thrivent Core Plus Bond ETF during the first quarter valued at about $27,000.

Thrivent Core Plus Bond ETF Trading Up 0.1%

TCPB traded up $0.05 during trading on Wednesday, reaching $48.59. 34,118 shares of the company traded hands, compared to its average volume of 34,061. Thrivent Core Plus Bond ETF has a 12-month low of $47.92 and a 12-month high of $52.25. The firm has a fifty day simple moving average of $49.40 and a 200 day simple moving average of $50.22.

Thrivent Core Plus Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, September 30th. Investors of record on Tuesday, September 29th were given a dividend of $0.1648 per share. This is a negative change from Thrivent Core Plus Bond ETF’s previous monthly dividend of $0.1869. This represents a $1.98 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Tuesday, September 29th.

Thrivent Core Plus Bond ETF Company Profile

The Thrivent Core Plus Bond ETF (TCPB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of debt securities with exposure to the global fixed income market. It may hold various debt investments of any credit rating, duration, and maturities TCPB was launched on Feb 19, 2025 and is issued by Thrivent.