Nuveen Preferred and Income ETF (NASDAQ:NPFI) Short Interest Update

Nuveen Preferred and Income ETF (NASDAQ:NPFI) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 43,630 shares, a decrease of 45.7% from the April 15th total of 80,316 shares. Based on an average daily volume of 26,244 shares, the short-interest ratio is presently 1.7 days. Currently, 0.7% of the company’s shares are sold short.

Nuveen Preferred and Income ETF Stock Performance

Shares of NASDAQ NPFI remained flat at $25.95 during midday trading on Monday. The stock had a trading volume of 3,589 shares, compared to its average volume of 27,864. The business’s 50-day moving average price is $25.96 and its 200 day moving average price is $26.18. Nuveen Preferred and Income ETF has a 12-month low of $21.00 and a 12-month high of $26.61.

Nuveen Preferred and Income ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, May 4th. Stockholders of record on Friday, May 1st were issued a $0.1348 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date was Friday, May 1st.

Institutional Investors Weigh In On Nuveen Preferred and Income ETF

A hedge fund recently bought a new stake in Nuveen Preferred and Income ETF stock. Integrated Wealth Concepts LLC purchased a new position in Nuveen Preferred and Income ETF (NASDAQ:NPFI) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 61,824 shares of the company’s stock, valued at approximately $1,638,000. Integrated Wealth Concepts LLC owned 2.42% of Nuveen Preferred and Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About Nuveen Preferred and Income ETF

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.