Allspring Core Plus ETF (NYSEARCA:APLU) Sees Significant Decrease in Short Interest

Allspring Core Plus ETF (NYSEARCA:APLU) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 27,398 shares, a decline of 41.7% from the August 31st total of 46,961 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 103,151 shares, the days-to-cover ratio is presently 0.3 days.

Allspring Core Plus ETF Price Performance

Allspring Core Plus ETF stock traded down $0.09 during midday trading on Wednesday, hitting $23.28. 38,312 shares of the stock were exchanged, compared to its average volume of 70,352. The stock’s 50-day simple moving average is $24.11 and its 200 day simple moving average is $24.46. Allspring Core Plus ETF has a fifty-two week low of $23.27 and a fifty-two week high of $25.63.

Allspring Core Plus ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, September 28th. Stockholders of record on Thursday, September 24th were issued a dividend of $0.1036 per share. The ex-dividend date was Thursday, September 24th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 5.3%. This is an increase from Allspring Core Plus ETF’s previous monthly dividend of $0.0894.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Parkside Financial Bank & Trust increased its stake in Allspring Core Plus ETF by 250.3% during the second quarter. Parkside Financial Bank & Trust now owns 79,212 shares of the company’s stock worth $1,949,000 after acquiring an additional 56,597 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Allspring Core Plus ETF by 3.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 72,077 shares of the company’s stock worth $1,773,000 after purchasing an additional 2,675 shares during the last quarter. Brady Martz Wealth Solutions LLC raised its holdings in Allspring Core Plus ETF by 71.0% in the 1st quarter. Brady Martz Wealth Solutions LLC now owns 49,834 shares of the company’s stock valued at $1,230,000 after buying an additional 20,690 shares during the period. Crescent Grove Advisors LLC acquired a new position in Allspring Core Plus ETF in the first quarter valued at about $355,000. Finally, Citadel Advisors LLC acquired a new position in Allspring Core Plus ETF in the second quarter valued at about $353,000.

About Allspring Core Plus ETF

The Allspring Core Plus ETF (APLU) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of global fixed income securities with broad credit and maturity. It seeks total return. APLU was launched on Dec 4, 2024 and is issued by Allspring.