Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Declines By 18.9%

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 7,700 shares, a decline of 18.9% from the February 28th total of 9,500 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 2,600 shares, the short-interest ratio is currently 3.0 days.

Nuveen Core Plus Bond ETF Trading Up 0.2 %

NCPB stock opened at $25.12 on Tuesday. The firm has a 50 day moving average of $24.99 and a 200-day moving average of $25.15. 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 Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were issued a dividend of $0.1002 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of Nuveen Core Plus Bond ETF

A number of institutional investors have recently bought and sold shares of NCPB. JPMorgan Chase & Co. increased its position in shares of Nuveen Core Plus Bond ETF by 17.6% in the third quarter. JPMorgan Chase & Co. now owns 304,492 shares of the company’s stock valued at $7,897,000 after buying an additional 45,570 shares in the last quarter. Daymark Wealth Partners LLC grew its stake in Nuveen Core Plus Bond ETF by 14.0% in the 4th quarter. Daymark Wealth Partners LLC now owns 548,307 shares of the company’s stock valued at $13,546,000 after acquiring an additional 67,477 shares during the last quarter. Finally, Joseph Group Capital Management purchased a new position in Nuveen Core Plus Bond ETF during the 4th quarter valued at about $162,000.

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.