Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Short Interest Down 88.5% in February

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 141 shares, a decrease of 88.5% from the January 29th total of 1,224 shares. Based on an average daily trading volume, of 5,626 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,626 shares, the days-to-cover ratio is currently 0.0 days.

Nuveen Core Plus Bond ETF Price Performance

NASDAQ:NCPB traded down $0.02 during mid-day trading on Wednesday, hitting $25.54. 1,038 shares of the stock traded hands, compared to its average volume of 4,074. The business’s 50-day moving average price is $25.34 and its 200 day moving average price is $25.32. Nuveen Core Plus Bond ETF has a 12-month low of $24.25 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, February 3rd. Stockholders of record on Monday, February 2nd were given a dividend of $0.1008 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date was Monday, February 2nd.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

Large investors have recently added to or reduced their stakes in the business. Godfrey Financial Associates Inc. purchased a new position in Nuveen Core Plus Bond ETF during the fourth quarter worth about $36,000. Jane Street Group LLC boosted its position in shares of Nuveen Core Plus Bond ETF by 15.0% during the 4th 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 during the last quarter. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Nuveen Core Plus Bond ETF during the second quarter worth about $248,000. Ausdal Financial Partners Inc. purchased a new position in shares of Nuveen Core Plus Bond ETF during the fourth quarter worth about $559,000. Finally, Citadel Advisors LLC increased its position in shares of Nuveen Core Plus Bond ETF by 3.1% in the third quarter. Citadel Advisors LLC now owns 42,509 shares of the company’s stock worth $1,079,000 after purchasing an additional 1,287 shares during the last quarter.

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.