Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Declines By 56.7%

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a significant decline in short interest in April. As of April 30th, there was short interest totaling 427 shares, a decline of 56.7% from the April 15th total of 986 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 2,386 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

Several hedge funds and other institutional investors have recently made changes to their positions in NCPB. Godfrey Financial Associates Inc. bought a new stake in shares of Nuveen Core Plus Bond ETF during the fourth quarter worth about $36,000. Jane Street Group LLC boosted its holdings in Nuveen Core Plus Bond ETF by 15.0% during the fourth quarter. Jane Street Group LLC now owns 9,171 shares of the company’s stock worth $232,000 after purchasing an additional 1,195 shares during the last quarter. Ausdal Financial Partners Inc. purchased a new position in Nuveen Core Plus Bond ETF during the fourth quarter worth about $559,000. Citadel Advisors LLC boosted its holdings in Nuveen Core Plus Bond ETF by 3.1% during the third quarter. Citadel Advisors LLC now owns 42,509 shares of the company’s stock worth $1,079,000 after purchasing an additional 1,287 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in Nuveen Core Plus Bond ETF during the third quarter worth about $1,557,000.

Nuveen Core Plus Bond ETF Trading Down 0.6%

Shares of NASDAQ:NCPB traded down $0.15 during midday trading on Friday, hitting $24.73. 36,421 shares of the company’s stock were exchanged, compared to its average volume of 3,960. The stock has a 50 day moving average price of $25.03 and a 200-day moving average price of $25.24. Nuveen Core Plus Bond ETF has a 12 month low of $24.49 and a 12 month high of $25.74.

Nuveen Core Plus Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, May 4th. Stockholders of record on Friday, May 1st were given a dividend of $0.1086 per share. The ex-dividend date of this dividend was Friday, May 1st. This is a boost from Nuveen Core Plus Bond ETF’s previous dividend of $0.10.

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.