Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Expands By 166.7%

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totalling 5,600 shares, a growth of 166.7% from the August 31st total of 2,100 shares. Based on an average daily volume of 7,200 shares, the short-interest ratio is currently 0.8 days.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

An institutional investor recently bought a new position 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 2nd quarter, according to the company in its most recent 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 approximately 21.90% of Nuveen Core Plus Bond ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Nuveen Core Plus Bond ETF Stock Up 0.2 %

NASDAQ NCPB opened at $25.97 on Friday. The business has a 50 day simple moving average of $25.65 and a 200 day simple moving average of $25.14. Nuveen Core Plus Bond ETF has a one year low of $24.40 and a one year high of $26.08.

Nuveen Core Plus Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, September 4th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1003 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $1.20 annualized dividend and a yield of 4.64%.

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.