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

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Nuveen Core Plus Bond ETF stock. JPMorgan Chase & Co. raised its stake in Nuveen Core Plus Bond ETF (NASDAQ:NCPB) by 17.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 304,492 shares of the company’s stock after purchasing an additional 45,570 shares during the quarter. JPMorgan Chase & Co. owned about 15.00% of Nuveen Core Plus Bond ETF worth $7,897,000 at the end of the most recent quarter.

Nuveen Core Plus Bond ETF Price Performance

Shares of Nuveen Core Plus Bond ETF stock traded down $0.04 during mid-day trading on Tuesday, hitting $24.45. 5,750 shares of the stock were exchanged, compared to its average volume of 1,436. The company has a 50-day simple moving average of $25.02 and a 200 day simple moving average of $25.32. Nuveen Core Plus Bond ETF has a twelve month low of $24.40 and a twelve month high of $26.08.

Nuveen Core Plus Bond ETF Cuts Dividend

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

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.