Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Short Interest Update

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 2,782 shares, a decline of 81.2% from the June 30th total of 14,803 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 2,185 shares, the short-interest ratio is currently 1.3 days.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

Several hedge funds have recently modified their holdings of NCPB. Jane Street Group LLC increased its holdings in Nuveen Core Plus Bond ETF by 15.0% during the fourth quarter. Jane Street Group LLC now owns 9,171 shares of the company’s stock valued at $232,000 after buying an additional 1,195 shares during the period. Citadel Advisors LLC grew its holdings in Nuveen Core Plus Bond ETF by 3.1% in the third quarter. Citadel Advisors LLC now owns 42,509 shares of the company’s stock worth $1,079,000 after purchasing an additional 1,287 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new position in Nuveen Core Plus Bond ETF in the fourth quarter worth $36,000. JPMorgan Chase & Co. increased its position in shares of Nuveen Core Plus Bond ETF by 2.9% during the third quarter. JPMorgan Chase & Co. now owns 251,840 shares of the company’s stock worth $6,390,000 after purchasing an additional 6,999 shares in the last quarter. Finally, CWM LLC increased its position in shares of Nuveen Core Plus Bond ETF by 13.2% during the fourth quarter. CWM LLC now owns 74,352 shares of the company’s stock worth $1,877,000 after purchasing an additional 8,692 shares in the last quarter.

Nuveen Core Plus Bond ETF Price Performance

Shares of NCPB stock traded up $0.01 during mid-day trading on Friday, hitting $24.60. The stock had a trading volume of 9,352 shares, compared to its average volume of 5,087. Nuveen Core Plus Bond ETF has a 12-month low of $24.58 and a 12-month high of $25.74. The firm’s 50-day moving average is $24.85 and its two-hundred day moving average is $25.07.

Nuveen Core Plus Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.11 per share. This represents a c) annualized dividend and a yield of 5.4%. The ex-dividend date was Wednesday, July 1st. This is a positive change from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.10.

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.