Envestnet Asset Management Inc. Purchases 72,906 Shares of AB Core Plus Bond ETF $CPLS

Envestnet Asset Management Inc. boosted its holdings in AB Core Plus Bond ETF (NASDAQ:CPLS) by 119.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 134,057 shares of the company’s stock after acquiring an additional 72,906 shares during the quarter. Envestnet Asset Management Inc. owned 2.53% of AB Core Plus Bond ETF worth $4,813,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Global Retirement Partners LLC raised 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 during the last quarter. Valley Wealth Managers Inc. increased its holdings in AB Core Plus Bond ETF by 3.6% in the 3rd quarter. Valley Wealth Managers Inc. now owns 40,783 shares of the company’s stock worth $1,464,000 after buying an additional 1,405 shares in the last quarter. NewEdge Advisors LLC raised its position in AB Core Plus Bond ETF by 15.3% in the 2nd quarter. NewEdge Advisors LLC now owns 130,920 shares of the company’s stock worth $4,646,000 after buying an additional 17,409 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in AB Core Plus Bond ETF during the 1st quarter valued at about $1,073,000. Finally, Jane Street Group LLC bought a new position in AB Core Plus Bond ETF during the 1st quarter valued at about $1,445,000.

AB Core Plus Bond ETF Trading Down 0.1%

Shares of CPLS stock opened at $35.90 on Monday. The company has a 50 day moving average price of $35.68 and a 200-day moving average price of $35.76. AB Core Plus Bond ETF has a 52 week low of $34.22 and a 52 week high of $36.29.

AB Core Plus Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1291 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.