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

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 6,494 shares, a growth of 217.7% from the August 31st total of 2,044 shares. Based on an average trading volume of 13,165 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Nuveen Core Plus Bond ETF stock. Envestnet Asset Management Inc. acquired a new position in shares of Nuveen Core Plus Bond ETF (NASDAQ:NCPB) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 8,993 shares of the company’s stock, valued at approximately $225,000. Envestnet Asset Management Inc. owned 0.40% of Nuveen Core Plus Bond ETF as of its most recent SEC filing.

Nuveen Core Plus Bond ETF Stock Performance

NCPB stock remained flat at $23.99 during trading on Friday. The company’s stock had a trading volume of 103,374 shares, compared to its average volume of 6,527. The firm’s 50-day simple moving average is $24.49 and its 200 day simple moving average is $24.79. Nuveen Core Plus Bond ETF has a 1 year low of $23.99 and a 1 year high of $25.74.

Nuveen Core Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Tuesday, September 1st were issued a dividend of $0.1033 per share. This represents a $1.24 dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Tuesday, September 1st. This is a decrease from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.1089.

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.