Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Sees Large Decline in Short Interest

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 141 shares, a decrease of 88.5% from the January 29th total of 1,224 shares. Based on an average daily trading volume, of 5,626 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 5,626 shares, the days-to-cover ratio is presently 0.0 days.

Nuveen Core Plus Bond ETF Stock Performance

Shares of Nuveen Core Plus Bond ETF stock traded down $0.02 during trading on Wednesday, reaching $25.54. 1,038 shares of the stock were exchanged, compared to its average volume of 4,074. Nuveen Core Plus Bond ETF has a 1 year low of $24.25 and a 1 year high of $25.74. The stock’s fifty day moving average is $25.34 and its 200 day moving average is $25.32.

Nuveen Core Plus Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Monday, February 2nd were paid a $0.1008 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.7%.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

Several hedge funds have recently made changes to their positions in NCPB. Jane Street Group LLC grew its holdings in Nuveen Core Plus Bond ETF by 100.7% in the first quarter. Jane Street Group LLC now owns 21,980 shares of the company’s stock worth $553,000 after purchasing an additional 11,026 shares during the period. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Nuveen Core Plus Bond ETF in the 2nd quarter worth $248,000. CWM LLC grew its stake in shares of Nuveen Core Plus Bond ETF by 12.7% during the 3rd quarter. CWM LLC now owns 65,660 shares of the company’s stock valued at $1,666,000 after purchasing an additional 7,416 shares during the period. Daymark Wealth Partners LLC increased its holdings 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 buying an additional 15,830 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Nuveen Core Plus Bond ETF by 2.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 251,840 shares of the company’s stock worth $6,390,000 after purchasing an additional 6,999 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.