Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Drops By 66.0%

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a significant drop in short interest in August. As of August 14th, there was short interest totaling 949 shares, a drop of 66.0% from the July 30th total of 2,793 shares. Based on an average daily volume of 1,493 shares, the short-interest ratio is currently 0.6 days. Approximately 0.0% of the company’s stock are short sold.

Nuveen Core Plus Bond ETF Stock Down 0.2%

Shares of NASDAQ NCPB opened at $24.59 on Friday. The stock’s fifty day simple moving average is $24.71 and its two-hundred day simple moving average is $24.95. Nuveen Core Plus Bond ETF has a 12-month low of $24.50 and a 12-month high of $25.74.

Nuveen Core Plus Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Shareholders of record on Monday, August 3rd were given a dividend of $0.1089 per share. This represents a c) annualized dividend and a dividend yield of 5.3%. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Godfrey Financial Associates Inc. purchased a new stake in Nuveen Core Plus Bond ETF during the fourth quarter valued at approximately $36,000. Jane Street Group LLC boosted its position in shares of Nuveen Core Plus Bond ETF by 15.0% in the 4th quarter. Jane Street Group LLC now owns 9,171 shares of the company’s stock worth $232,000 after purchasing an additional 1,195 shares in the last quarter. Ausdal Financial Partners Inc. purchased a new position in Nuveen Core Plus Bond ETF during the 4th quarter worth $559,000. Citadel Advisors LLC grew its stake 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 during the last quarter. Finally, Flow Traders U.S. LLC acquired a new position in Nuveen Core Plus Bond ETF during the 3rd quarter valued at about $1,557,000.

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.