Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Decreases By 22.8%

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

Institutional Inflows and Outflows

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

Nuveen Core Plus Bond ETF Trading Down 0.1 %

Shares of NASDAQ NCPB traded down $0.04 during midday trading on Friday, reaching $25.03. The company had a trading volume of 124 shares, compared to its average volume of 132,344. Nuveen Core Plus Bond ETF has a one year low of $24.40 and a one year high of $26.08. The firm’s fifty day moving average price is $25.55 and its 200-day moving average price is $25.28.

Nuveen Core Plus Bond ETF Increases Dividend

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

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.