ActivePassive Core Bond ETF (NYSEARCA:APCB) Trading Down 0.1% – What’s Next?

ActivePassive Core Bond ETF (NYSEARCA:APCB)’s stock price fell 0.1% on Friday . The stock traded as low as $29.47 and last traded at $29.50. 124,708 shares traded hands during trading, an increase of 114% from the average session volume of 58,351 shares. The stock had previously closed at $29.52.

ActivePassive Core Bond ETF Stock Down 0.1%

The stock has a fifty day simple moving average of $29.78 and a 200-day simple moving average of $29.83.

ActivePassive Core Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Monday, March 2nd were paid a $0.0958 dividend. The ex-dividend date was Monday, March 2nd. This is a positive change from ActivePassive Core Bond ETF’s previous monthly dividend of $0.04. This represents a c) annualized dividend and a dividend yield of 3.9%.

Hedge Funds 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 purchased a new stake in ActivePassive Core Bond ETF (NYSEARCA:APCB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 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.

ActivePassive Core Bond ETF Company Profile

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.