Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Short Interest Down 31.3% in March

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 2,351 shares, a decrease of 31.3% from the February 26th total of 3,423 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 5,859 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC grew its position in Nuveen Core Plus Bond ETF by 416.8% in the second quarter. Jane Street Group LLC now owns 113,600 shares of the company’s stock valued at $2,854,000 after purchasing an additional 91,620 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in Nuveen Core Plus Bond ETF during the third quarter valued at approximately $1,557,000. Ausdal Financial Partners Inc. bought a new position in Nuveen Core Plus Bond ETF in the fourth quarter valued at approximately $559,000. JPMorgan Chase & Co. grew its stake in Nuveen Core Plus Bond ETF by 7.7% in the fourth quarter. JPMorgan Chase & Co. now owns 271,113 shares of the company’s stock valued at $6,845,000 after purchasing an additional 19,273 shares in the last quarter. Finally, Daymark Wealth Partners LLC increased its position in shares of Nuveen Core Plus Bond ETF by 3.3% during the 3rd 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.

Nuveen Core Plus Bond ETF Stock Down 0.2%

Nuveen Core Plus Bond ETF stock traded down $0.05 during midday trading on Friday, reaching $24.78. The stock had a trading volume of 3,286 shares, compared to its average volume of 4,132. The firm’s fifty day simple moving average is $25.28 and its 200-day simple moving average is $25.33. 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 firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Monday, March 2nd were issued a $0.0953 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%.

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.