ActivePassive Core Bond ETF (NYSEARCA:APCB) Reaches New 12-Month Low – Should You Sell?

ActivePassive Core Bond ETF (NYSEARCA:APCBGet Free Report)’s share price reached a new 52-week low during trading on Wednesday . The company traded as low as $28.70 and last traded at $28.7540, with a volume of 60106 shares. The stock had previously closed at $28.77.

ActivePassive Core Bond ETF Stock Performance

The firm has a 50-day moving average of $29.00 and a two-hundred day moving average of $29.31.

ActivePassive Core Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Shareholders of record on Monday, August 3rd were given a $0.1013 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in ActivePassive Core Bond ETF stock. Harbor Investment Advisory LLC acquired a new position in ActivePassive Core Bond ETF (NYSEARCA:APCBFree Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,171 shares of the company’s stock, valued at approximately $93,000.

About ActivePassive Core Bond ETF

(Get Free Report)

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.

Further Reading

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