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

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 3,423 shares, an increase of 2,327.7% from the February 12th total of 141 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 2,725 shares, the days-to-cover ratio is currently 1.3 days. Based on an average trading volume of 2,725 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.2% of the company’s shares are sold short.

Nuveen Core Plus Bond ETF Price Performance

NASDAQ:NCPB traded down $0.06 during trading hours on Tuesday, reaching $25.27. The company’s stock had a trading volume of 21,689 shares, compared to its average volume of 4,239. The firm has a 50-day simple moving average of $25.36 and a 200-day simple moving average of $25.35. Nuveen Core Plus Bond ETF has a 1 year low of $24.25 and a 1 year high of $25.74.

Nuveen Core Plus Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Monday, March 2nd were paid a $0.0953 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Monday, March 2nd.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

Several institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC increased its stake in Nuveen Core Plus Bond ETF by 100.7% in the 1st quarter. Jane Street Group LLC now owns 21,980 shares of the company’s stock worth $553,000 after purchasing an additional 11,026 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Nuveen Core Plus Bond ETF during the second quarter valued at approximately $248,000. CWM LLC boosted its stake in shares of Nuveen Core Plus Bond ETF by 12.7% during the third quarter. CWM LLC now owns 65,660 shares of the company’s stock valued at $1,666,000 after purchasing an additional 7,416 shares during the period. Daymark Wealth Partners LLC grew its holdings in shares of Nuveen Core Plus Bond ETF by 3.3% in the third quarter. Daymark Wealth Partners LLC now owns 497,841 shares of the company’s stock worth $12,633,000 after purchasing an additional 15,830 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of Nuveen Core Plus Bond ETF by 2.9% in the third quarter. JPMorgan Chase & Co. now owns 251,840 shares of the company’s stock worth $6,390,000 after purchasing an additional 6,999 shares during the last quarter.

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.