Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Trading Up 0% – Time to Buy?

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) shares traded up 0% on Thursday . The stock traded as high as $25.43 and last traded at $25.41. 286 shares changed hands during mid-day trading, a decline of 95% from the average session volume of 5,853 shares. The stock had previously closed at $25.40.

Thornburg Core Plus Bond ETF Trading Up 0.0%

The business’s 50-day moving average price is $25.60 and its two-hundred day moving average price is $25.63.

Thornburg Core Plus Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were paid a $0.0881 dividend. The ex-dividend date of this dividend was Thursday, February 26th. This is a positive change from Thornburg Core Plus Bond ETF’s previous dividend of $0.01.

Institutional Investors Weigh In On Thornburg Core Plus Bond ETF

A number of hedge funds have recently modified their holdings of TPLS. Cornerstone Wealth Group LLC lifted its holdings in shares of Thornburg Core Plus Bond ETF by 23.9% during the 3rd 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 in the last quarter. Jane Street Group LLC increased its stake in Thornburg Core Plus Bond ETF by 108.8% during the 2nd quarter. Jane Street Group LLC now owns 20,861 shares of the company’s stock worth $529,000 after purchasing an additional 10,872 shares in the last quarter. Finally, PFG Private Wealth Management LLC acquired a new stake in Thornburg Core Plus Bond ETF during the 3rd quarter worth approximately $307,000.

About Thornburg Core Plus Bond ETF

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.