ActivePassive Core Bond ETF
APCB
New York Stock Exchange Arca- -
USD
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Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 1000 Chesterbrook Blvd, Suite 250 Berwyn PA United States of America 19312
- IPO Date
- May 3, 2023
- CIK
- 0001141819
- Website
- activepassive.com
- Similar Companies
- Business
- ActivePassive Core Bond ETF (APCB) is an actively managed exchange-traded fund that blends active and passive investment strategies to optimize costs, tracking error, and potential returns relative to the Bloomberg U.S. Aggregate Bond Index. Launched on May 3, 2023, and issued by Trust for Professional Managers under the ActivePassive brand sponsored by Envestnet Asset Management, Inc., the ETF is headquartered in Chicago, Illinois, at 222 North LaSalle Street, Suite 625. APCB invests at least 80% of its net assets in investment-grade fixed income securities, including U.S. government securities, U.S. agency securities, corporate bonds, mortgage-backed securities, and asset-backed securities, with up to 20% allocated to high-yield debt securities and fixed income ETFs; it maintains approximately 1,771 holdings and an expense ratio of 0.37%. The fund targets intermediate-term core bond exposure for investors seeking current income with low principal volatility, serving individual and institutional clients in the U.S. taxable bond market segment. Its portfolio emphasizes diversification across sectors such as banks, energy, financial services, and utilities, with notable holdings in issuers like Citigroup, VMware, Tennessee Valley Authority, Truist Financial, Wells Fargo, Regions Financial, T-Mobile, Corporacion Andina de Fomento, and Philip Morris International. Operations are focused on U.S. markets, with no international geographic expansion noted. Recent developments include institutional investor activity in 2025, such as Wedbush Securities increasing its position by 106.2% to 43,458 shares in the first quarter, Financial Gravity Asset Management acquiring a new stake worth $30,000, and First Horizon Advisors boosting its holdings by 14.8% to 6,884 shares. The fund announced a dividend of 0.10007 USD per share, going ex-dividend on September 2, 2025. Envestnet, as sponsor, continues to evolve its ActivePassive ETF suite with ongoing proprietary research and a September 8, 2025, prospectus supplement covering APCB alongside related funds like the Intermediate Municipal Bond ETF and International Equity ETF. No major acquisitions, partnerships, funding rounds, or strategic shifts have been reported for APCB in the last 1-2 years.