Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Short Interest Down 66.0% in August

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a large drop in short interest in August. As of August 14th, there was short interest totaling 949 shares, a drop of 66.0% from the July 30th total of 2,793 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,493 shares, the short-interest ratio is presently 0.6 days.

Nuveen Core Plus Bond ETF Trading Down 0.2%

NASDAQ NCPB traded down $0.06 on Friday, hitting $24.59. 4,978 shares of the stock traded hands, compared to its average volume of 5,664. Nuveen Core Plus Bond ETF has a twelve month low of $24.50 and a twelve month high of $25.74. The stock has a 50-day moving average of $24.72 and a 200 day moving average of $24.95.

Nuveen Core Plus Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, August 4th. Stockholders of record on Monday, August 3rd were given a dividend of $0.1089 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.3%. The ex-dividend date was Monday, August 3rd.

Hedge Funds Weigh In On Nuveen Core Plus Bond ETF

Large investors have recently bought and sold shares of the stock. Ausdal Financial Partners Inc. purchased a new stake in shares of Nuveen Core Plus Bond ETF during the 4th quarter worth about $559,000. Jane Street Group LLC lifted its stake 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 period. JPMorgan Chase & Co. grew 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 valued at $6,845,000 after acquiring an additional 19,273 shares during the period. Godfrey Financial Associates Inc. bought a new position in Nuveen Core Plus Bond ETF during the 4th quarter valued at about $36,000. Finally, Flow Traders U.S. LLC acquired a new stake in Nuveen Core Plus Bond ETF during the 3rd quarter valued at $1,557,000.

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.