Nuveen Preferred and Income ETF (NASDAQ:NPFI) Short Interest Update

Nuveen Preferred and Income ETF (NASDAQ:NPFI) was the recipient of a significant growth in short interest in February. As of February 13th, there was short interest totaling 1,438 shares, a growth of 1,338.0% from the January 29th total of 100 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 16,093 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 16,093 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Nuveen Preferred and Income ETF Stock Performance

Shares of NASDAQ NPFI remained flat at $26.44 during trading on Wednesday. The company’s stock had a trading volume of 2,137 shares, compared to its average volume of 38,082. Nuveen Preferred and Income ETF has a 52 week low of $24.71 and a 52 week high of $26.61. The firm has a 50 day moving average of $26.29 and a 200-day moving average of $26.31.

Nuveen Preferred and Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1265 per share. This represents a c) annualized dividend and a dividend yield of 5.7%. The ex-dividend date of this dividend was Monday, February 2nd.

Hedge Funds Weigh In On Nuveen Preferred and Income ETF

An institutional investor recently bought a new position in Nuveen Preferred and Income ETF stock. Integrated Wealth Concepts LLC bought a new position in Nuveen Preferred and Income ETF (NASDAQ:NPFI) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 61,824 shares of the company’s stock, valued at approximately $1,638,000. Integrated Wealth Concepts LLC owned 2.42% of Nuveen Preferred and Income ETF at the end of the most recent reporting period.

Nuveen Preferred and Income ETF Company Profile

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.