Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Drops By 50.6%

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 1,224 shares, a drop of 50.6% from the January 15th total of 2,478 shares. Based on an average daily volume of 6,006 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 6,006 shares, the short-interest ratio is currently 0.2 days.

Nuveen Core Plus Bond ETF Stock Up 0.2%

NASDAQ NCPB traded up $0.04 during midday trading on Thursday, hitting $25.41. 972 shares of the company traded hands, compared to its average volume of 4,453. Nuveen Core Plus Bond ETF has a 52 week low of $24.25 and a 52 week high of $25.74. The company’s 50-day simple moving average is $25.29 and its 200-day simple moving average is $25.28.

Nuveen Core Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Monday, February 2nd were issued a $0.1008 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.8%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of NCPB. Jane Street Group LLC raised its stake 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 worth $2,854,000 after acquiring an additional 91,620 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in Nuveen Core Plus Bond ETF in the third quarter worth $1,557,000. CWM LLC increased its position in shares of 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 worth $1,463,000 after purchasing an additional 58,093 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Nuveen Core Plus Bond ETF by 7.7% during the fourth quarter. JPMorgan Chase & Co. now owns 271,113 shares of the company’s stock worth $6,845,000 after purchasing an additional 19,273 shares in the last quarter. Finally, Daymark Wealth Partners LLC lifted its holdings in shares of Nuveen Core Plus Bond ETF by 3.3% during the 3rd quarter. Daymark Wealth Partners LLC now owns 497,841 shares of the company’s stock valued at $12,633,000 after purchasing an additional 15,830 shares during the last quarter.

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.