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

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a large decrease in short interest in March. As of March 13th, there was short interest totaling 2,351 shares, a decrease of 31.3% from the February 26th total of 3,423 shares. Based on an average trading volume of 5,859 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Nuveen Core Plus Bond ETF Trading Down 0.2%

NCPB traded down $0.05 during trading on Friday, reaching $24.78. The company’s stock had a trading volume of 3,286 shares, compared to its average volume of 4,132. The firm has a fifty day simple moving average of $25.28 and a two-hundred day simple moving average of $25.33. Nuveen Core Plus Bond ETF has a 1 year low of $24.25 and a 1 year high of $25.74.

Nuveen Core Plus Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Monday, March 2nd were issued a $0.0953 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, March 2nd.

Hedge Funds Weigh In On Nuveen Core Plus Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC grew its holdings in Nuveen Core Plus Bond ETF by 416.8% in the 2nd quarter. Jane Street Group LLC now owns 113,600 shares of the company’s stock valued at $2,854,000 after buying an additional 91,620 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of Nuveen Core Plus Bond ETF during the 3rd quarter worth $1,557,000. Ausdal Financial Partners Inc. purchased a new position in shares of Nuveen Core Plus Bond ETF during the 4th quarter worth $559,000. JPMorgan Chase & Co. boosted its position in shares of Nuveen Core Plus Bond ETF by 7.7% during the 4th quarter. JPMorgan Chase & Co. now owns 271,113 shares of the company’s stock valued at $6,845,000 after acquiring an additional 19,273 shares during the last quarter. Finally, Daymark Wealth Partners LLC boosted its position in shares of Nuveen Core Plus Bond ETF by 3.3% during the 3rd quarter. Daymark Wealth Partners LLC now owns 497,841 shares of the company’s stock valued at $12,633,000 after acquiring an additional 15,830 shares during the last quarter.

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.