Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Trading Down 0.2% – Time to Sell?

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) shares traded down 0.2% during mid-day trading on Friday . The stock traded as low as $25.29 and last traded at $25.28. 685 shares were traded during trading, a decline of 87% from the average session volume of 5,359 shares. The stock had previously closed at $25.33.

Thornburg Core Plus Bond ETF Trading Down 0.2%

The firm’s fifty day moving average price is $25.51 and its 200-day moving average price is $25.59.

Thornburg Core Plus Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, March 31st. Stockholders of record on Monday, March 30th were issued a dividend of $0.1285 per share. The ex-dividend date of this dividend was Monday, March 30th. This represents a c) annualized dividend and a dividend yield of 6.1%.

Hedge Funds Weigh In On Thornburg Core Plus Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of TPLS. Cornerstone Wealth Group LLC boosted its holdings in shares of Thornburg Core Plus Bond ETF by 24.9% during the fourth quarter. Cornerstone Wealth Group LLC now owns 164,034 shares of the company’s stock valued at $4,176,000 after acquiring an additional 32,668 shares during the period. PFG Private Wealth Management LLC acquired a new stake in Thornburg Core Plus Bond ETF in the third quarter worth about $307,000. Finally, Jane Street Group LLC lifted its holdings 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 worth $529,000 after purchasing an additional 10,872 shares during the period.

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.