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

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 196 shares, a drop of 64.9% from the May 14th total of 558 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 3,709 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Nuveen Core Plus Bond ETF

Several large investors have recently modified their holdings of the business. Ausdal Financial Partners Inc. purchased a new position in shares of Nuveen Core Plus Bond ETF in the fourth quarter worth about $559,000. Jane Street Group LLC grew its stake in 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 acquiring an additional 1,195 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Nuveen Core Plus Bond ETF by 7.7% during the fourth 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. Godfrey Financial Associates Inc. purchased a new position in Nuveen Core Plus Bond ETF during the fourth quarter valued at approximately $36,000. Finally, CWM LLC grew its stake in Nuveen Core Plus Bond ETF by 13.2% during the fourth 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.

Nuveen Core Plus Bond ETF Price Performance

Shares of NCPB remained flat at $24.92 during trading hours on Friday. 298 shares of the stock traded hands, compared to its average volume of 4,221. The company has a 50-day moving average price of $24.95 and a 200 day moving average price of $25.17. Nuveen Core Plus Bond ETF has a 52-week low of $24.62 and a 52-week high of $25.74.

Nuveen Core Plus Bond ETF Dividend Announcement

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

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.