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

Nuveen Core Plus Bond ETF (NASDAQ:NCPBGet Free Report) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 2,782 shares, a decrease of 81.2% from the June 30th total of 14,803 shares. Based on an average daily trading volume, of 2,185 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.1% of the company’s shares are short sold.

Nuveen Core Plus Bond ETF Trading Up 0.0%

NASDAQ:NCPB traded up $0.01 during mid-day trading on Friday, hitting $24.60. The company had a trading volume of 9,352 shares, compared to its average volume of 5,087. Nuveen Core Plus Bond ETF has a fifty-two week low of $24.58 and a fifty-two week high of $25.74. The business’s fifty day moving average is $24.85 and its two-hundred day moving average is $25.07.

Nuveen Core Plus Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, July 1st were paid a $0.11 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This is a positive change from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 5.4%.

Hedge Funds Weigh In On Nuveen Core Plus Bond ETF

Several institutional investors have recently modified their holdings of NCPB. Godfrey Financial Associates Inc. acquired a new stake in shares of Nuveen Core Plus Bond ETF in the fourth quarter valued at approximately $36,000. JPMorgan Chase & Co. grew its position in Nuveen Core Plus Bond ETF by 7.7% in the fourth quarter. JPMorgan Chase & Co. now owns 271,113 shares of the company’s stock valued at $6,845,000 after purchasing an additional 19,273 shares in the last quarter. Jane Street Group LLC increased its stake 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 during the last quarter. Flow Traders U.S. LLC bought a new stake in Nuveen Core Plus Bond ETF during the 3rd quarter worth about $1,557,000. Finally, Citadel Advisors LLC lifted its position 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 in the last quarter.

Nuveen Core Plus Bond ETF Company Profile

(Get Free Report)

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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