Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Sees Significant Growth in Short Interest

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

Nuveen Core Plus Bond ETF Stock Performance

Shares of NASDAQ:NCPB traded down $0.01 during trading on Monday, reaching $25.32. 2,491 shares of the company were exchanged, compared to its average volume of 1,599. The business’s fifty day simple moving average is $25.31 and its 200-day simple moving average is $25.22. Nuveen Core Plus Bond ETF has a 12-month low of $24.25 and a 12-month high of $25.74.

Nuveen Core Plus Bond ETF Increases Dividend

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

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

Several hedge funds have recently made changes to their positions in the company. Jane Street Group LLC raised its position in shares of Nuveen Core Plus Bond ETF by 416.8% in 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 shares of Nuveen Core Plus Bond ETF in the third quarter worth about $1,557,000. CWM LLC raised its position in Nuveen Core Plus Bond ETF by 38,472.2% during 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 in the last quarter. Daymark Wealth Partners LLC raised its position in Nuveen Core Plus Bond ETF by 3.3% during the third quarter. Daymark Wealth Partners LLC now owns 497,841 shares of the company’s stock valued at $12,633,000 after acquiring an additional 15,830 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. acquired a new position in Nuveen Core Plus Bond ETF in the second quarter valued at approximately $248,000.

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.