Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Rises By 362.9%

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 16,200 shares, a growth of 362.9% from the September 30th total of 3,500 shares. Based on an average daily volume of 6,600 shares, the short-interest ratio is currently 2.5 days.

Institutional Trading of Nuveen Core Plus Bond ETF

A hedge fund recently raised its stake in Nuveen Core Plus Bond ETF stock. Daymark Wealth Partners LLC raised its position in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) by 37.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 480,830 shares of the company’s stock after acquiring an additional 130,361 shares during the quarter. Daymark Wealth Partners LLC owned approximately 24.04% of Nuveen Core Plus Bond ETF worth $12,470,000 at the end of the most recent quarter.

Nuveen Core Plus Bond ETF Stock Performance

Nuveen Core Plus Bond ETF stock traded down $0.06 during mid-day trading on Friday, hitting $25.26. The company’s stock had a trading volume of 731 shares, compared to its average volume of 132,344. The business has a 50 day moving average price of $25.73 and a 200-day moving average price of $25.21. 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 declared a monthly dividend, which was paid on Wednesday, October 2nd. Shareholders of record on Tuesday, October 1st were paid a $0.107 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This is an increase from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.10. This represents a $1.28 annualized dividend and a yield of 5.08%.

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.