Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Sees Large Growth in Short Interest

Nuveen Core Plus Bond ETF (NASDAQ:NCPBGet Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 2,044 shares, a growth of 115.4% from the August 15th total of 949 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 19,104 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Jane Street Group LLC boosted its stake in shares of Nuveen Core Plus Bond ETF by 15.0% during the fourth quarter. Jane Street Group LLC now owns 9,171 shares of the company’s stock valued at $232,000 after purchasing an additional 1,195 shares during the period. Citadel Advisors LLC raised its holdings 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 valued at $1,079,000 after buying an additional 1,287 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in Nuveen Core Plus Bond ETF during the 4th quarter valued at $36,000. JPMorgan Chase & Co. boosted its position in Nuveen Core Plus Bond ETF by 2.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 251,840 shares of the company’s stock valued at $6,390,000 after buying an additional 6,999 shares during the period. Finally, Ausdal Financial Partners Inc. purchased a new position in shares of Nuveen Core Plus Bond ETF in the fourth quarter valued at about $559,000.

Nuveen Core Plus Bond ETF Stock Performance

Shares of Nuveen Core Plus Bond ETF stock remained flat at $24.25 during trading on Monday. 97,668 shares of the stock were exchanged, compared to its average volume of 6,036. Nuveen Core Plus Bond ETF has a 12 month low of $24.21 and a 12 month high of $25.74. The firm has a 50-day simple moving average of $24.60 and a 200-day simple moving average of $24.87.

Nuveen Core Plus Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 2nd. Shareholders of record on Tuesday, September 1st were paid a $0.1033 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) annualized dividend and a yield of 5.1%.

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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