Nuveen Core Plus Bond ETF (NASDAQ:NCPB – Get Free Report) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 956 shares, a decline of 98.2% from the September 30th total of 52,427 shares. Based on an average daily trading volume, of 5,312 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.
Nuveen Core Plus Bond ETF Stock Performance
Shares of Nuveen Core Plus Bond ETF stock traded down $0.02 on Wednesday, hitting $24.14. 7,251 shares of the company’s stock traded hands, compared to its average volume of 6,466. The firm’s 50-day moving average price is $24.17 and its two-hundred day moving average price is $24.80. Nuveen Core Plus Bond ETF has a one year low of $23.64 and a one year high of $25.74.
Nuveen Core Plus Bond ETF Cuts Dividend
The business also recently disclosed a monthly dividend, which was paid on Friday, October 2nd. Investors of record on Thursday, October 1st were issued a $0.1032 dividend. This is a drop from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.1033. This represents a $1.24 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date was Thursday, October 1st.
Hedge Funds Weigh In On Nuveen Core Plus Bond ETF
A hedge fund recently bought a new stake in Nuveen Core Plus Bond ETF stock. Envestnet Asset Management Inc. purchased a new stake in Nuveen Core Plus Bond ETF (NASDAQ:NCPB – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 8,993 shares of the company’s stock, valued at approximately $225,000. Envestnet Asset Management Inc. owned about 0.40% of Nuveen Core Plus Bond ETF at the end of the most recent reporting period.
About Nuveen Core Plus Bond ETF
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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