ActivePassive Core Bond ETF (NYSEARCA:APCB) Hits New 12-Month Low – Time to Sell?

ActivePassive Core Bond ETF (NYSEARCA:APCBGet Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as $28.42 and last traded at $28.46, with a volume of 51484 shares changing hands. The stock had previously closed at $28.52.

ActivePassive Core Bond ETF Stock Down 0.1%

The firm’s 50-day moving average is $28.93 and its two-hundred day moving average is $29.26.

ActivePassive Core Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On ActivePassive Core Bond ETF

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

ActivePassive Core Bond ETF Company Profile

(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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