ActivePassive Core Bond ETF (NYSEARCA:APCB) Trading 0% Higher – Still a Buy?

ActivePassive Core Bond ETF (NYSEARCA:APCB)’s share price traded up 0% during trading on Thursday . The company traded as high as $29.96 and last traded at $29.95. 50,878 shares were traded during mid-day trading, a decline of 12% from the average session volume of 57,972 shares. The stock had previously closed at $29.94.

ActivePassive Core Bond ETF Trading Up 0.0%

The stock has a 50 day moving average price of $29.74 and a two-hundred day moving average price of $29.79.

ActivePassive Core Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Monday, February 2nd were paid a dividend of $0.0421 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 1.7%.

Institutional Investors Weigh In On ActivePassive Core Bond ETF

An institutional investor recently bought a new position in ActivePassive Core Bond ETF stock. Flow Traders U.S. LLC bought a new stake in ActivePassive Core Bond ETF (NYSEARCA:APCB) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 50,338 shares of the company’s stock, valued at approximately $1,502,000. Flow Traders U.S. LLC owned 0.17% of ActivePassive Core Bond ETF at the end of the most recent reporting period.

About ActivePassive Core Bond ETF

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.