Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Short Interest Down 56.7% in April

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 427 shares, a drop of 56.7% from the April 15th total of 986 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,386 shares, the short-interest ratio is presently 0.2 days.

Nuveen Core Plus Bond ETF Price Performance

NASDAQ:NCPB traded down $0.15 during mid-day trading on Friday, reaching $24.73. The stock had a trading volume of 36,421 shares, compared to its average volume of 3,960. Nuveen Core Plus Bond ETF has a twelve month low of $24.49 and a twelve month high of $25.74. The business has a 50 day simple moving average of $25.03 and a 200 day simple moving average of $25.24.

Nuveen Core Plus Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, May 4th. Investors of record on Friday, May 1st were given a $0.1086 dividend. The ex-dividend date was Friday, May 1st. This is an increase from Nuveen Core Plus Bond ETF’s previous dividend of $0.10.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

A number of hedge funds have recently added to or reduced their stakes in NCPB. Jane Street Group LLC lifted its position in Nuveen Core Plus Bond ETF by 100.7% in the first quarter. Jane Street Group LLC now owns 21,980 shares of the company’s stock valued at $553,000 after purchasing an additional 11,026 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Nuveen Core Plus Bond ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 251,840 shares of the company’s stock valued at $6,390,000 after acquiring an additional 6,999 shares during the period. Citadel Advisors LLC lifted its position in shares of Nuveen Core Plus Bond ETF by 3.1% during the 3rd quarter. Citadel Advisors LLC now owns 42,509 shares of the company’s stock valued at $1,079,000 after acquiring an additional 1,287 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of Nuveen Core Plus Bond ETF during the 3rd quarter valued at approximately $1,557,000. Finally, Daymark Wealth Partners LLC lifted its position in shares of Nuveen Core Plus Bond ETF by 0.7% during the 4th quarter. Daymark Wealth Partners LLC now owns 501,545 shares of the company’s stock valued at $12,663,000 after acquiring an additional 3,704 shares during the period.

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.