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

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 949 shares, a decline of 66.0% from the July 30th total of 2,793 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,493 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of NCPB. Jane Street Group LLC boosted its position in Nuveen Core Plus Bond ETF by 100.7% during the 1st quarter. Jane Street Group LLC now owns 21,980 shares of the company’s stock worth $553,000 after acquiring an additional 11,026 shares during the last quarter. Citadel Advisors LLC raised its holdings in shares of Nuveen Core Plus Bond ETF by 3.1% in the 3rd quarter. Citadel Advisors LLC now owns 42,509 shares of the company’s stock valued at $1,079,000 after purchasing an additional 1,287 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Nuveen Core Plus Bond ETF by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 251,840 shares of the company’s stock valued at $6,390,000 after buying an additional 6,999 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in Nuveen Core Plus Bond ETF during the 3rd quarter valued at $1,557,000. Finally, Ausdal Financial Partners Inc. bought a new stake in shares of Nuveen Core Plus Bond ETF during the 4th quarter worth about $559,000.

Nuveen Core Plus Bond ETF Trading Down 0.2%

Shares of NASDAQ NCPB traded down $0.06 during midday trading on Friday, reaching $24.59. 4,978 shares of the stock were exchanged, compared to its average volume of 5,664. Nuveen Core Plus Bond ETF has a 12 month low of $24.50 and a 12 month high of $25.74. The business has a 50-day simple moving average of $24.72 and a two-hundred day simple moving average of $24.95.

Nuveen Core Plus Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Stockholders of record on Monday, August 3rd were given a dividend of $0.1089 per share. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%.

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.