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

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 2,478 shares, a drop of 26.1% from the December 31st total of 3,354 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,399 shares, the short-interest ratio is presently 1.8 days. Based on an average daily volume of 1,399 shares, the short-interest ratio is presently 1.8 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

A number of large investors have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Nuveen Core Plus Bond ETF during the 2nd quarter worth $248,000. Jane Street Group LLC raised its stake 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 buying an additional 11,026 shares in the last quarter. Citadel Advisors LLC lifted its holdings in 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 worth $1,079,000 after buying an additional 1,287 shares during the last quarter. CWM LLC boosted its position in shares of Nuveen Core Plus Bond ETF by 38,472.2% during the 2nd quarter. CWM LLC now owns 58,244 shares of the company’s stock worth $1,463,000 after acquiring an additional 58,093 shares in the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in shares of Nuveen Core Plus Bond ETF during the 3rd quarter worth about $1,557,000.

Nuveen Core Plus Bond ETF Price Performance

NCPB stock traded down $0.11 during mid-day trading on Monday, reaching $25.24. The company had a trading volume of 1,978 shares, compared to its average volume of 3,589. The firm has a fifty day simple moving average of $25.31 and a 200 day simple moving average of $25.27. Nuveen Core Plus Bond ETF has a fifty-two week low of $24.25 and a fifty-two week high of $25.74.

Nuveen Core Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, February 3rd. Investors of record on Monday, February 2nd will be issued a $0.1008 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.8%.

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.