Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Short Interest Update

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the target of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 12,500 shares, a decrease of 22.8% from the October 15th total of 16,200 shares. Based on an average trading volume of 6,700 shares, the days-to-cover ratio is currently 1.9 days.

Institutional Trading of Nuveen Core Plus Bond ETF

A hedge fund recently bought a new stake in Nuveen Core Plus Bond ETF stock. Daymark Wealth Partners LLC purchased a new position in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 350,469 shares of the company’s stock, valued at approximately $8,734,000. Daymark Wealth Partners LLC owned about 21.90% of Nuveen Core Plus Bond ETF at the end of the most recent quarter.

Nuveen Core Plus Bond ETF Price Performance

Shares of Nuveen Core Plus Bond ETF stock traded down $0.04 during trading on Friday, hitting $25.03. The stock had a trading volume of 124 shares, compared to its average volume of 132,344. The firm’s fifty day simple moving average is $25.55 and its 200-day simple moving average is $25.28. Nuveen Core Plus Bond ETF has a 12 month low of $24.40 and a 12 month high of $26.08.

Nuveen Core Plus Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were issued a dividend of $0.1129 per share. The ex-dividend date was Friday, November 1st. This represents a $1.35 dividend on an annualized basis and a yield of 5.41%. This is a boost from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.11.

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.