Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Declines By 22.8%

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 12,500 shares, a decrease of 22.8% from the October 15th total of 16,200 shares. Based on an average daily trading volume, of 6,700 shares, the days-to-cover ratio is currently 1.9 days.

Nuveen Core Plus Bond ETF Price Performance

Shares of NCPB traded down $0.04 on Friday, hitting $25.03. 124 shares of the stock traded hands, compared to its average volume of 132,344. Nuveen Core Plus Bond ETF has a one year low of $24.40 and a one year high of $26.08. The business has a 50 day simple moving average of $25.55 and a 200 day simple moving average of $25.28.

Nuveen Core Plus Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, November 4th. Shareholders of record on Friday, November 1st were issued a $0.1129 dividend. This is a positive change from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Friday, November 1st. This represents a $1.35 dividend on an annualized basis and a dividend yield of 5.41%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Nuveen Core Plus Bond ETF stock. Daymark Wealth Partners LLC bought a new position in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 350,469 shares of the company’s stock, valued at approximately $8,734,000. Daymark Wealth Partners LLC owned about 21.90% of Nuveen Core Plus Bond ETF as of its most recent filing with the SEC.

Nuveen Core Plus Bond ETF Company Profile

The Nuveen Core Plus Bond ETF (NCPB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is active, investing in a diversified mix of high-quality and below investment grade securities to optimize returns and manage risks. NCPB was launched on Mar 5, 2024 and is issued by Nuveen.