Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Sees Large Growth in Short Interest

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) was the recipient of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,032 shares, a growth of 139.1% from the June 15th total of 850 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 2,800 shares, the days-to-cover ratio is currently 0.7 days.

Thornburg Core Plus Bond ETF Stock Down 0.1%

TPLS traded down $0.03 on Thursday, hitting $24.96. The company had a trading volume of 247 shares, compared to its average volume of 5,223. The company’s fifty day moving average price is $25.10 and its 200 day moving average price is $25.35. 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 Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 29th were given a dividend of $0.1038 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

Institutional Trading of Thornburg Core Plus Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cornerstone Wealth Group LLC boosted its position in shares of Thornburg Core Plus Bond ETF by 40.6% during the first quarter. Cornerstone Wealth Group LLC now owns 230,669 shares of the company’s stock worth $5,844,000 after buying an additional 66,635 shares during the period. Jane Street Group LLC grew its stake in shares of Thornburg Core Plus Bond ETF by 108.8% in the second quarter. Jane Street Group LLC now owns 20,861 shares of the company’s stock valued at $529,000 after buying an additional 10,872 shares in the last quarter. Finally, Integrity Wealth Solutions LLC raised its holdings in shares of Thornburg Core Plus Bond ETF by 30.6% in the 1st quarter. Integrity Wealth Solutions LLC now owns 15,903 shares of the company’s stock valued at $401,000 after buying an additional 3,726 shares during the period.

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.