Nuveen Core Plus Bond ETF (NASDAQ:NCPB – Get Free Report) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 956 shares, a decrease of 98.2% from the September 30th total of 52,427 shares. Based on an average daily volume of 5,312 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.
Nuveen Core Plus Bond ETF Price Performance
Shares of NASDAQ:NCPB traded up $0.04 during trading hours on Monday, hitting $24.14. The stock had a trading volume of 3,646 shares, compared to its average volume of 6,462. The stock’s fifty day simple moving average is $24.18 and its 200 day simple moving average is $24.81. Nuveen Core Plus Bond ETF has a 1-year low of $23.64 and a 1-year high of $25.74.
Nuveen Core Plus Bond ETF Cuts Dividend
The firm also recently disclosed a monthly dividend, which was paid on Friday, October 2nd. Stockholders of record on Thursday, October 1st were given a dividend of $0.1032 per share. This is a drop from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.1033. This represents a $1.24 annualized dividend and a dividend yield of 5.1%. The ex-dividend date was Thursday, October 1st.
Hedge Funds Weigh In On Nuveen Core Plus Bond ETF
An institutional investor recently bought a new position in Nuveen Core Plus Bond ETF stock. Envestnet Asset Management Inc. acquired a new stake in Nuveen Core Plus Bond ETF (NASDAQ:NCPB – Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,993 shares of the company’s stock, valued at approximately $225,000. Envestnet Asset Management Inc. owned approximately 0.40% of Nuveen Core Plus Bond ETF at the end of the most recent reporting 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.
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