Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Short Interest Update
by Mitch Edgeman · The Markets DailyNuveen Core Plus Bond ETF (NASDAQ:NCPB – Get Free Report) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 20,243 shares, a growth of 10,228.1% from the May 31st total of 196 shares. Based on an average daily volume of 6,428 shares, the short-interest ratio is presently 3.1 days. Approximately 0.9% of the company’s stock are short sold.
Institutional Trading of Nuveen Core Plus Bond ETF
A number of hedge funds have recently bought and sold shares of the business. Ausdal Financial Partners Inc. bought a new position in Nuveen Core Plus Bond ETF in the 4th quarter valued at $559,000. JPMorgan Chase & Co. raised its stake in shares of Nuveen Core Plus Bond ETF by 7.7% during the 4th 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 during the period. Flow Traders U.S. LLC bought a new stake in shares of Nuveen Core Plus Bond ETF during the 3rd quarter worth $1,557,000. Citadel Advisors LLC boosted its holdings 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 worth $1,079,000 after buying an additional 1,287 shares during the last quarter. Finally, Jane Street Group LLC boosted its holdings in shares of Nuveen Core Plus Bond ETF by 416.8% in the 2nd quarter. Jane Street Group LLC now owns 113,600 shares of the company’s stock worth $2,854,000 after buying an additional 91,620 shares during the last quarter.
Nuveen Core Plus Bond ETF Price Performance
Shares of Nuveen Core Plus Bond ETF stock traded up $0.06 during mid-day trading on Thursday, hitting $25.09. 7,374 shares of the stock were exchanged, compared to its average volume of 4,839. Nuveen Core Plus Bond ETF has a 12 month low of $24.62 and a 12 month high of $25.74. The company has a 50-day simple moving average of $24.95 and a 200 day simple moving average of $25.14.
Nuveen Core Plus Bond ETF Dividend Announcement
The firm also recently announced a monthly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, June 1st were issued a $0.1022 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.9%.
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.