Allspring Raises Capital One Stake 27% as 11-Month CD APY Reaches 4.1%
Capital One’s 11-month CD now offers a 4.1% APY, the highest rate available as of March 31, 2026. Allspring Global Investments increased its COF stake by 27% this quarter, acquiring 134,050 shares to hold 630,295 shares total.
1. CD Rate Update
As of March 31, 2026, Capital One’s 11-month certificate of deposit offers a 4.1% annual percentage yield, making it the top rate among comparable short-term CDs. This competitive APY comes as deposit account rates decline overall but remain elevated relative to historical norms.
2. Institutional Stake Increase
Allspring Global Investments Holdings LLC boosted its ownership in Capital One Financial Corporation by 27% during the last quarter, purchasing an additional 134,050 shares to bring its total stake to 630,295 shares. This move signals confidence from a substantial institutional shareholder in the company’s outlook.