ActivePassive Core Bond ETF (NYSEARCA:APCB – Get Free Report) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 3,264 shares, a decline of 81.8% from the September 30th total of 17,952 shares. Based on an average daily volume of 60,433 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.
Hedge Funds Weigh In On ActivePassive Core Bond ETF
An institutional investor recently bought a new position in ActivePassive Core Bond ETF stock. Wedbush Securities Inc. bought a new stake in shares of ActivePassive Core Bond ETF (NYSEARCA:APCB – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 86,219 shares of the company’s stock, valued at approximately $2,423,000. Wedbush Securities Inc. owned approximately 0.25% of ActivePassive Core Bond ETF as of its most recent SEC filing.
ActivePassive Core Bond ETF Stock Performance
APCB traded up $0.04 on Thursday, reaching $28.55. The company had a trading volume of 88,992 shares, compared to its average volume of 73,273. The company has a fifty day moving average of $28.52 and a 200-day moving average of $29.21. ActivePassive Core Bond ETF has a one year low of $27.98 and a one year high of $30.12.
ActivePassive Core Bond ETF Cuts Dividend
The company also recently announced a monthly dividend, which was paid on Friday, October 2nd. Investors of record on Thursday, October 1st were issued a dividend of $0.0255 per share. The ex-dividend date of this dividend was Thursday, October 1st. This is a negative change from ActivePassive Core Bond ETF’s previous monthly dividend of $0.0765. This represents a $0.31 annualized dividend and a yield of 1.1%.
ActivePassive Core Bond ETF Company Profile
The ActivePassive Core Bond ETF (APCB) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund is an actively managed fund that blends active and passive investment strategies. The fund seeks to provide current income with low volatility of principal APCB was launched on May 3, 2023 and is managed by Envestnet.
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