Alliancebernstein L.P. Acquires 39,153 Shares of AB Core Plus Bond ETF (NASDAQ:CPLS)

Alliancebernstein L.P. raised its stake in shares of AB Core Plus Bond ETF (NASDAQ:CPLS) by 3.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 1,071,124 shares of the company’s stock after purchasing an additional 39,153 shares during the quarter. Alliancebernstein L.P. owned approximately 0.82% of AB Core Plus Bond ETF worth $37,307,000 as of its most recent filing with the SEC.

Separately, Jane Street Group LLC purchased a new stake in AB Core Plus Bond ETF in the third quarter worth approximately $1,030,000.

AB Core Plus Bond ETF Trading Down 0.1 %

Shares of CPLS opened at $35.44 on Friday. The firm has a fifty day simple moving average of $35.19 and a two-hundred day simple moving average of $35.35. AB Core Plus Bond ETF has a 1-year low of $34.37 and a 1-year high of $36.69.

AB Core Plus Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 4th. Shareholders of record on Tuesday, April 1st were issued a $0.1443 dividend. This is an increase from AB Core Plus Bond ETF’s previous monthly dividend of $0.13. The ex-dividend date was Tuesday, April 1st. This represents a $1.73 dividend on an annualized basis and a yield of 4.89%.

About AB Core Plus Bond ETF

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.