Short Interest in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Declines By 37.5%

by · The Cerbat Gem

Nuveen Core Plus Bond ETF (NASDAQ:NCPB – Get Free Report) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totalling 3,500 shares, a drop of 37.5% from the September 15th total of 5,600 shares. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is currently 0.5 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 increased its position in shares of Nuveen Core Plus Bond ETF (NASDAQ:NCPB – Free Report) by 37.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 480,830 shares of the company’s stock after buying an additional 130,361 shares during the period. Daymark Wealth Partners LLC owned 24.04% of Nuveen Core Plus Bond ETF worth $12,470,000 as of its most recent filing with the Securities and Exchange Commission.

Nuveen Core Plus Bond ETF Stock Performance

Shares of NCPB stock opened at $25.48 on Friday. The company’s 50 day moving average price is $25.73 and its two-hundred day moving average price is $25.19. Nuveen Core Plus Bond ETF has a 52 week low of $24.40 and a 52 week high of $26.08.

Nuveen Core Plus Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 2nd. Stockholders of record on Tuesday, October 1st were issued a $0.107 dividend. The ex-dividend date 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 dividend on an annualized basis and a dividend yield of 5.04%.

About Nuveen Core Plus Bond ETF

(Get Free Report)

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.

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