Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Declines By 81.2%

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

Nuveen Core Plus Bond ETF Stock Performance

NASDAQ NCPB traded up $0.01 on Friday, hitting $24.60. 9,352 shares of the stock were exchanged, compared to its average volume of 5,087. The business’s fifty day moving average is $24.85 and its 200 day moving average is $25.07. Nuveen Core Plus Bond ETF has a 52 week low of $24.58 and a 52 week high of $25.74.

Nuveen Core Plus Bond ETF Increases Dividend

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

Institutional Trading of Nuveen Core Plus Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC lifted its holdings in Nuveen Core Plus Bond ETF by 15.0% during the 4th quarter. Jane Street Group LLC now owns 9,171 shares of the company’s stock worth $232,000 after purchasing an additional 1,195 shares during the last quarter. Citadel Advisors LLC boosted its stake in 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. Godfrey Financial Associates Inc. bought a new stake in Nuveen Core Plus Bond ETF in the 4th quarter valued at $36,000. JPMorgan Chase & Co. grew its holdings in Nuveen Core Plus Bond ETF by 2.9% in the 3rd 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 in the last quarter. Finally, CWM LLC grew its holdings in Nuveen Core Plus Bond ETF by 13.2% in the 4th quarter. CWM LLC now owns 74,352 shares of the company’s stock valued at $1,877,000 after buying an additional 8,692 shares in the last quarter.

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.