Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Short Interest Down 97.6% in January

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 200 shares, a decrease of 97.6% from the December 31st total of 8,300 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is currently 0.1 days.

Nuveen Core Plus Bond ETF Stock Performance

NASDAQ:NCPB traded down $0.01 on Tuesday, hitting $24.89. 370 shares of the stock were exchanged, compared to its average volume of 3,598. The stock has a fifty day moving average of $24.93 and a 200-day moving average of $25.30. Nuveen Core Plus Bond ETF has a fifty-two week low of $24.40 and a fifty-two week high of $26.08.

Nuveen Core Plus Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, January 6th. Shareholders of record on Tuesday, December 31st were paid a dividend of $0.0195 per share. The ex-dividend date was Tuesday, December 31st.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

An institutional investor recently raised its position in Nuveen Core Plus Bond ETF stock. Daymark Wealth Partners LLC lifted its stake in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) by 14.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 548,307 shares of the company’s stock after buying an additional 67,477 shares during the period. Daymark Wealth Partners LLC owned approximately 26.36% of Nuveen Core Plus Bond ETF worth $13,546,000 as of its most recent SEC filing.

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.