AB Core Plus Bond ETF (NASDAQ:CPLS) Stock Price Down 0.1% – Here’s What Happened

AB Core Plus Bond ETF (NASDAQ:CPLS)’s stock price traded down 0.1% during trading on Tuesday . The stock traded as low as $35.61 and last traded at $35.63. 13,049 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 19,632 shares. The stock had previously closed at $35.65.

AB Core Plus Bond ETF Stock Down 0.1%

The stock has a fifty day moving average of $35.90 and a 200 day moving average of $35.57.

AB Core Plus Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 6th. Investors of record on Monday, November 3rd were paid a dividend of $0.1302 per share. This is a boost from AB Core Plus Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date was Monday, November 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

Hedge Funds Weigh In On AB Core Plus Bond ETF

Several large investors have recently added to or reduced their stakes in the company. Global Retirement Partners LLC increased its stake in shares of AB Core Plus Bond ETF by 274.3% in the third quarter. Global Retirement Partners LLC now owns 992 shares of the company’s stock worth $36,000 after purchasing an additional 727 shares in the last quarter. Cetera Investment Advisers bought a new position in AB Core Plus Bond ETF in the 1st quarter worth $286,000. Raymond James Financial Inc. increased its stake in AB Core Plus Bond ETF by 18.4% in the 3rd quarter. Raymond James Financial Inc. now owns 8,242 shares of the company’s stock worth $296,000 after buying an additional 1,281 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in AB Core Plus Bond ETF in the 1st quarter worth $1,073,000. Finally, Valley Wealth Managers Inc. raised its holdings in AB Core Plus Bond ETF by 3.6% during the third quarter. Valley Wealth Managers Inc. now owns 40,783 shares of the company’s stock valued at $1,464,000 after acquiring an additional 1,405 shares during the period.

AB Core Plus Bond ETF Company Profile

The AB Core Plus Bond ETF (CPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in USD-denominated corporate and government debt securities of any maturity and credit quality. CPLS was launched on Dec 13, 2023 and is issued by AB Funds.