Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Stock Price Up 0.2% – Here’s Why

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) shares shot up 0.2% on Thursday . The company traded as high as $25.66 and last traded at $25.63. 18,962 shares were traded during trading, a decline of 58% from the average session volume of 44,678 shares. The stock had previously closed at $25.58.

Thornburg Core Plus Bond ETF Stock Up 0.2%

The company’s fifty day moving average is $25.69 and its two-hundred day moving average is $25.45.

Thornburg Core Plus Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 28th. Stockholders of record on Wednesday, November 26th were paid a $0.0834 dividend. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%.

Institutional Investors Weigh In On Thornburg Core Plus Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. PFG Private Wealth Management LLC bought a new stake in shares of Thornburg Core Plus Bond ETF in the 3rd quarter valued at about $307,000. Cornerstone Wealth Group LLC grew its holdings in Thornburg Core Plus Bond ETF by 23.9% during the third quarter. Cornerstone Wealth Group LLC now owns 131,366 shares of the company’s stock valued at $3,360,000 after purchasing an additional 25,337 shares during the period. Jane Street Group LLC increased its stake in Thornburg Core Plus Bond ETF by 108.8% in the second quarter. Jane Street Group LLC now owns 20,861 shares of the company’s stock valued at $529,000 after purchasing an additional 10,872 shares in the last quarter. Finally, Integrity Wealth Solutions LLC acquired a new stake in Thornburg Core Plus Bond ETF in the second quarter worth $295,000.

Thornburg Core Plus Bond ETF Company Profile

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.