Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Decreases By 81.2%

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 2,782 shares, a decline of 81.2% from the June 30th total of 14,803 shares. Based on an average daily volume of 2,185 shares, the short-interest ratio is currently 1.3 days. Currently, 0.1% of the shares of the stock are short sold.

Nuveen Core Plus Bond ETF Stock Performance

Shares of NASDAQ:NCPB traded up $0.06 on Monday, reaching $24.67. The company’s stock had a trading volume of 336 shares, compared to its average volume of 5,053. The company has a 50-day simple moving average of $24.85 and a 200 day simple moving average of $25.07. Nuveen Core Plus Bond ETF has a 52-week low of $24.58 and a 52-week high of $25.74.

Nuveen Core Plus Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, July 2nd. Investors of record on Wednesday, July 1st were issued a $0.11 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Wednesday, July 1st. This is a positive change from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.10.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC increased its position in shares of Nuveen Core Plus Bond ETF by 416.8% during the 2nd 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 during the last quarter. Flow Traders U.S. LLC purchased a new stake in Nuveen Core Plus Bond ETF during the 3rd quarter valued at $1,557,000. Ausdal Financial Partners Inc. bought a new stake in Nuveen Core Plus Bond ETF in the fourth quarter worth $559,000. JPMorgan Chase & Co. lifted its position 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 worth $6,845,000 after buying an additional 19,273 shares during the last quarter. Finally, CWM LLC boosted its stake in Nuveen Core Plus Bond ETF by 13.2% during the fourth quarter. CWM LLC now owns 74,352 shares of the company’s stock worth $1,877,000 after buying an additional 8,692 shares during the period.

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.