Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Short Interest Up 139.1% in June

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 2,032 shares, an increase of 139.1% from the June 15th total of 850 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,800 shares, the short-interest ratio is currently 0.7 days.

Thornburg Core Plus Bond ETF Stock Down 0.0%

NASDAQ TPLS traded down $0.01 during trading hours on Wednesday, hitting $24.94. 561 shares of the company’s stock traded hands, compared to its average volume of 5,291. Thornburg Core Plus Bond ETF has a 52-week low of $24.82 and a 52-week high of $26.00. The firm’s 50-day moving average is $25.11 and its 200-day moving average is $25.35.

Thornburg Core Plus Bond ETF Cuts Dividend

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

Institutional Investors Weigh In On Thornburg Core Plus Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in TPLS. Jane Street Group LLC purchased a new position in Thornburg Core Plus Bond ETF during the first quarter worth approximately $253,000. Cornerstone Wealth Group LLC increased its stake in shares of Thornburg Core Plus Bond ETF by 24.9% in the 4th quarter. Cornerstone Wealth Group LLC now owns 164,034 shares of the company’s stock worth $4,176,000 after acquiring an additional 32,668 shares during the last quarter. Finally, Integrity Wealth Solutions LLC increased its stake 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 worth $401,000 after acquiring an additional 3,726 shares during the last quarter.

About Thornburg Core Plus Bond ETF

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.