Weitz Core Plus Bond ETF
WCPB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Nolan Anderson
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 1125 South 103rd Street, Suite 200 Omaha NE United States of America 68124
- IPO Date
- Aug 13, 2025
- Website
- sec.gov
- Similar Companies
- Business
- Weitz Core Plus Bond ETF (WCPB) is an actively managed exchange-traded fund that seeks current income and capital preservation, with a secondary objective of long-term capital appreciation, through investments in a flexible, multi-sector fixed income portfolio. The ETF, issued by Weitz Investment Management, Inc. and traded on the NYSE Arca, primarily holds investment-grade corporate and government debt securities, including U.S. Treasury bonds, agency mortgage-backed securities sponsored by entities such as Fannie Mae and Freddie Mac, and structured products; it may allocate up to 25% of assets to high-yield (non-investment-grade) bonds, loans, non-U.S. securities, equity securities, and derivatives, with an average maturity below 10 years and emphasis on bottom-up research, downside risk management, and sector flexibility. Top holdings as of recent reports include United States Treasury Bonds (various maturities and coupons), Federal Home Loan Mortgage Corp. securities, and commercial real estate loan trusts like ACREC 2021-FL1 and LOANCORE 2021-CRE5. Launched on August 12, 2025, and headquartered in Omaha, Nebraska—where parent firm Weitz Investment Management was founded in 1983—the ETF operates primarily in U.S. fixed income markets and targets investors seeking core bond exposure with opportunistic credit enhancements amid inefficient markets. Weitz Investment Management, an independent boutique asset manager with over 30 years of fixed income experience, oversees the ETF alongside related mutual funds such as the Core Plus Income Fund (WCPBX) and Short Duration Income Fund (WEFIX), which have driven nearly 300% AUM growth in fixed income over the past two years; the Core Plus Income Fund earned back-to-back LSEG Lipper Fund Awards in 2024 and 2025 for consistent performance. Recent developments include the ETF's inaugural trading debut on August 12, 2025, marking Weitz's strategic expansion into actively managed ETFs following strong demand for its fixed income strategies; this was followed by the November 5, 2025, launch of a sister product, the Weitz Multisector Bond ETF (WMSB), broadening the firm's ETF platform with unconstrained sector and duration flexibility, including higher non-investment-grade exposure. The launches reflect no reported acquisitions, partnerships, or reorganizations but underscore operational enhancements like daily holdings transparency, intraday liquidity, and fee waivers through September 30, 2026, to limit expenses. Portfolio managers Tom Carney and Nolan Anderson apply the firm's disciplined, research-driven process across U.S. markets, with the ETF distributed by Northern Lights Distributors, LLC.