Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Declines By 50.6%

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the target of a significant drop in short interest in January. As of January 30th, there was short interest totaling 1,224 shares, a drop of 50.6% from the January 15th total of 2,478 shares. Based on an average daily volume of 6,006 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 6,006 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the business. Jane Street Group LLC raised its stake in shares of Nuveen Core Plus Bond ETF by 416.8% during the second quarter. Jane Street Group LLC now owns 113,600 shares of the company’s stock valued at $2,854,000 after acquiring an additional 91,620 shares during the last quarter. Flow Traders U.S. LLC purchased a new position in Nuveen Core Plus Bond ETF during the 3rd quarter valued at about $1,557,000. CWM LLC raised its position in 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 valued at $1,463,000 after purchasing an additional 58,093 shares during the last quarter. Ausdal Financial Partners Inc. purchased a new stake in Nuveen Core Plus Bond ETF in the 4th quarter worth approximately $559,000. Finally, JPMorgan Chase & Co. grew its position in shares of Nuveen Core Plus Bond ETF by 7.7% in the 4th quarter. JPMorgan Chase & Co. now owns 271,113 shares of the company’s stock worth $6,845,000 after buying an additional 19,273 shares during the last quarter.

Nuveen Core Plus Bond ETF Price Performance

Shares of NCPB traded up $0.17 during midday trading on Friday, reaching $25.52. The stock had a trading volume of 528 shares, compared to its average volume of 4,315. The company’s 50-day moving average is $25.29 and its 200 day moving average is $25.29. Nuveen Core Plus Bond ETF has a 12-month low of $24.25 and a 12-month high of $25.74.

Nuveen Core Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Monday, February 2nd were paid a $0.1008 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.7%.

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.