ActivePassive Core Bond ETF (NYSEARCA:APCB) Trading 0.2% Higher – Should You Buy?

ActivePassive Core Bond ETF (NYSEARCA:APCB) shares traded up 0.2% during mid-day trading on Tuesday . The company traded as high as $29.49 and last traded at $29.48. 106,076 shares changed hands during trading, an increase of 67% from the average session volume of 63,435 shares. The stock had previously closed at $29.43.

ActivePassive Core Bond ETF Stock Performance

The stock has a 50-day moving average price of $29.69 and a 200-day moving average price of $29.79.

ActivePassive Core Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Monday, March 2nd were paid a dividend of $0.0958 per share. This is an increase from ActivePassive Core Bond ETF’s previous monthly dividend of $0.04. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Investors Weigh In On ActivePassive Core Bond ETF

An institutional investor recently raised its position in ActivePassive Core Bond ETF stock. Wedbush Securities Inc. increased its holdings in shares of ActivePassive Core Bond ETF (NYSEARCA:APCB) by 4.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 63,827 shares of the company’s stock after purchasing an additional 2,689 shares during the period. Wedbush Securities Inc. owned approximately 0.21% of ActivePassive Core Bond ETF worth $1,904,000 at the end of the most recent quarter.

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.