Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Stock Price Up 0.1% – Should You Buy?

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) rose 0.1% during trading on Thursday . The company traded as high as $25.35 and last traded at $25.31. Approximately 628 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 3,904 shares. The stock had previously closed at $25.29.

Nuveen Core Plus Bond ETF Price Performance

The stock has a 50 day moving average of $25.38 and a 200 day moving average of $25.15.

Nuveen Core Plus Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, December 2nd. Stockholders of record on Monday, December 1st were given a $0.1046 dividend. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date was Monday, December 1st. This is a boost from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.10.

Institutional Trading of Nuveen Core Plus Bond ETF

Several large investors have recently made changes to their positions in NCPB. Nuveen LLC acquired a new position in Nuveen Core Plus Bond ETF during the first quarter valued at approximately $37,073,000. Jane Street Group LLC increased its stake in shares of Nuveen Core Plus Bond ETF by 416.8% in the 2nd quarter. Jane Street Group LLC now owns 113,600 shares of the company’s stock valued at $2,854,000 after purchasing an additional 91,620 shares during the last quarter. Flow Traders U.S. LLC acquired a new position in shares of Nuveen Core Plus Bond ETF during the 3rd quarter worth $1,557,000. CWM LLC raised its holdings in shares of Nuveen Core Plus Bond ETF by 38,472.2% during the 2nd quarter. CWM LLC now owns 58,244 shares of the company’s stock worth $1,463,000 after buying an additional 58,093 shares in the last quarter. Finally, Daymark Wealth Partners LLC lifted its position in shares of Nuveen Core Plus Bond ETF by 3.3% during the 3rd quarter. Daymark Wealth Partners LLC now owns 497,841 shares of the company’s stock worth $12,633,000 after buying an additional 15,830 shares during the last quarter.

About Nuveen Core Plus Bond ETF

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.