Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Sees Large Decline in Short Interest

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 196 shares, a drop of 64.9% from the May 14th total of 558 shares. Based on an average daily volume of 3,709 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of NCPB. Jane Street Group LLC raised 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 worth $553,000 after acquiring an additional 11,026 shares in the last quarter. JPMorgan Chase & Co. raised its position in 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 worth $6,390,000 after acquiring an additional 6,999 shares in the last quarter. Citadel Advisors LLC raised its position 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 acquiring an additional 1,287 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Nuveen Core Plus Bond ETF in the third quarter worth $1,557,000. Finally, Daymark Wealth Partners LLC raised its position in Nuveen Core Plus Bond ETF by 0.7% in the fourth quarter. Daymark Wealth Partners LLC now owns 501,545 shares of the company’s stock worth $12,663,000 after acquiring an additional 3,704 shares in the last quarter.

Nuveen Core Plus Bond ETF Stock Performance

NASDAQ:NCPB opened at $24.92 on Friday. The stock has a fifty day moving average price of $24.95 and a two-hundred day moving average price of $25.17. Nuveen Core Plus Bond ETF has a 1 year low of $24.62 and a 1 year high of $25.74.

Nuveen Core Plus Bond ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, June 1st were given a $0.1022 dividend. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 4.9%.

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.