Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Short Interest Up 710.1% in December

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 3,354 shares, a growth of 710.1% from the December 15th total of 414 shares. Based on an average daily trading volume, of 2,125 shares, the short-interest ratio is currently 1.6 days. Currently, 0.1% of the shares of the stock are short sold. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,125 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On Nuveen Core Plus Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. purchased a new stake in Nuveen Core Plus Bond ETF during the 2nd quarter valued at $248,000. Jane Street Group LLC increased its position in Nuveen Core Plus Bond ETF by 100.7% during the first quarter. Jane Street Group LLC now owns 21,980 shares of the company’s stock valued at $553,000 after acquiring an additional 11,026 shares during the last quarter. Citadel Advisors LLC raised its stake 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 valued at $1,079,000 after acquiring an additional 1,287 shares during the period. CWM LLC raised its stake in shares of Nuveen Core Plus Bond ETF by 38,472.2% in the second quarter. CWM LLC now owns 58,244 shares of the company’s stock valued at $1,463,000 after acquiring an additional 58,093 shares during the period. Finally, Flow Traders U.S. LLC bought a new stake in shares of Nuveen Core Plus Bond ETF in the 3rd quarter worth about $1,557,000.

Nuveen Core Plus Bond ETF Stock Down 0.0%

Shares of NASDAQ NCPB traded down $0.01 during mid-day trading on Monday, hitting $25.32. 2,491 shares of the company’s stock traded hands, compared to its average volume of 1,599. The company’s 50-day moving average is $25.31 and its two-hundred day moving average is $25.22. 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 Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were paid a dividend of $0.1363 per share. The ex-dividend date of this dividend was Thursday, December 18th. This is an increase from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 6.5%.

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.