Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Sees Significant Drop in Short Interest

Nuveen Core Plus Bond ETF (NASDAQ:NCPB – Get Free Report) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 196 shares, a decline of 64.9% from the May 14th total of 558 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 3,709 shares, the short-interest ratio is presently 0.1 days.

Nuveen Core Plus Bond ETF Stock Performance

NASDAQ NCPB remained flat at $24.92 on Friday. The company’s stock had a trading volume of 298 shares, compared to its average volume of 4,221. Nuveen Core Plus Bond ETF has a 12-month low of $24.62 and a 12-month high of $25.74. The company’s fifty day moving average price is $24.95 and its 200 day moving average price is $25.17.

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Nuveen Core Plus Bond ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, June 2nd. Shareholders of record on Monday, June 1st were paid a dividend of $0.1022 per share. This represents a c) annualized dividend and a yield of 4.9%. The ex-dividend date of this dividend was Monday, June 1st.

Hedge Funds Weigh In On Nuveen Core Plus Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of NCPB. Jane Street Group LLC grew its stake in Nuveen Core Plus Bond ETF by 416.8% during the 2nd 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 in 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. Ausdal Financial Partners Inc. purchased a new position in Nuveen Core Plus Bond ETF during the 4th quarter valued at about $559,000. JPMorgan Chase & Co. grew its stake in 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 in the last quarter. Finally, CWM LLC grew its stake in Nuveen Core Plus Bond ETF by 13.2% during the 4th quarter. CWM LLC now owns 74,352 shares of the company’s stock valued at $1,877,000 after acquiring an additional 8,692 shares in the last quarter.

About Nuveen Core Plus Bond ETF

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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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