Nuveen Core Plus Impact Fund (NYSE:NPCT) Shares Break Below 50-Day Moving Average – What’s Next?

Shares of Nuveen Core Plus Impact Fund (NYSE:NPCT – Get Free Report) passed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $9.25 and traded as low as $9.11. Nuveen Core Plus Impact Fund shares last traded at $9.1750, with a volume of 75,021 shares changing hands.

Nuveen Core Plus Impact Fund Price Performance

The business’s 50-day moving average is $9.25 and its 200 day moving average is $9.90.

Nuveen Core Plus Impact Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 1st. Shareholders of record on Friday, November 13th will be given a dividend of $0.0895 per share. This represents a $1.07 annualized dividend and a yield of 11.7%. The ex-dividend date is Friday, November 13th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of NPCT. Atlas Wealth LLC grew its stake in shares of Nuveen Core Plus Impact Fund by 12.0% during the third quarter. Atlas Wealth LLC now owns 1,719,640 shares of the company’s stock valued at $15,786,000 after buying an additional 184,212 shares during the last quarter. Royal Bank of Canada increased its holdings in shares of Nuveen Core Plus Impact Fund by 3.4% in the first quarter. Royal Bank of Canada now owns 85,784 shares of the company’s stock worth $874,000 after buying an additional 2,812 shares during the period. Private Advisor Group LLC lifted its stake in shares of Nuveen Core Plus Impact Fund by 20.3% in the 1st quarter. Private Advisor Group LLC now owns 28,231 shares of the company’s stock valued at $288,000 after acquiring an additional 4,758 shares during the last quarter. Readystate Asset Management LP bought a new stake in shares of Nuveen Core Plus Impact Fund in the 2nd quarter valued at about $248,000. Finally, Fifth Third Bancorp lifted its stake in shares of Nuveen Core Plus Impact Fund by 77.2% in the 3rd quarter. Fifth Third Bancorp now owns 11,345 shares of the company’s stock valued at $104,000 after acquiring an additional 4,941 shares during the last quarter.

Nuveen Core Plus Impact Fund is a closed-end investment company that seeks to provide income and total return while pursuing positive environmental and social impact. It invests primarily in fixed-income securities and uses a core-plus strategy, which can include a range of bond sectors and credit qualities. The fund is managed by Nuveen Asset Management, an investment manager within Nuveen. Its portfolio focuses on fixed-income markets, with impact considerations informing the selection and management of investments.

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