Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Drops By 66.0%

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

Nuveen Core Plus Bond ETF Trading Down 0.2%

Shares of NASDAQ:NCPB traded down $0.06 on Friday, hitting $24.59. The company had a trading volume of 4,978 shares, compared to its average volume of 5,664. The firm’s 50-day simple moving average is $24.71 and its two-hundred day simple moving average is $24.95. Nuveen Core Plus Bond ETF has a 1 year low of $24.50 and a 1 year high of $25.74.

Nuveen Core Plus Bond ETF Cuts Dividend

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

Institutional Trading of Nuveen Core Plus Bond ETF

Several institutional investors and hedge funds have recently bought and sold shares of NCPB. Jane Street Group LLC boosted its position in Nuveen Core Plus Bond ETF by 100.7% during the 1st quarter. Jane Street Group LLC now owns 21,980 shares of the company’s stock valued at $553,000 after acquiring an additional 11,026 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of 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 acquiring an additional 6,999 shares in the last quarter. Citadel Advisors LLC lifted its stake in shares of Nuveen Core Plus Bond ETF by 3.1% in the 3rd quarter. Citadel Advisors LLC now owns 42,509 shares of the company’s stock valued at $1,079,000 after purchasing an additional 1,287 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of Nuveen Core Plus Bond ETF during the third quarter valued at approximately $1,557,000. Finally, Godfrey Financial Associates Inc. bought a new stake in shares of Nuveen Core Plus Bond ETF during the fourth quarter valued at approximately $36,000.

About Nuveen Core Plus Bond ETF

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.