Nuveen Preferred and Income ETF (NASDAQ:NPFI) Short Interest Down 45.7% in April

Nuveen Preferred and Income ETF (NASDAQ:NPFI) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 43,630 shares, a decrease of 45.7% from the April 15th total of 80,316 shares. Approximately 0.7% of the shares of the stock are short sold. Based on an average daily trading volume, of 26,244 shares, the days-to-cover ratio is currently 1.7 days.

Nuveen Preferred and Income ETF Price Performance

NASDAQ:NPFI traded down $0.07 during mid-day trading on Friday, reaching $25.95. 3,662 shares of the stock were exchanged, compared to its average volume of 28,125. The business has a fifty day moving average price of $25.96 and a 200 day moving average price of $26.19. Nuveen Preferred and Income ETF has a 1-year low of $21.00 and a 1-year high of $26.61.

Nuveen Preferred and Income ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, May 4th. Stockholders of record on Friday, May 1st were paid a $0.1348 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 6.2%.

Institutional Trading of Nuveen Preferred and Income ETF

An institutional investor recently bought a new position in Nuveen Preferred and Income ETF stock. Integrated Wealth Concepts LLC bought a new stake in shares of Nuveen Preferred and Income ETF (NASDAQ:NPFI) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 61,824 shares of the company’s stock, valued at approximately $1,638,000. Integrated Wealth Concepts LLC owned about 2.42% of Nuveen Preferred and Income ETF at the end of the most recent reporting period.

About Nuveen Preferred and Income ETF

The Nuveen Preferred and Income ETF (NPFI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed portfolio of institutional preferred securities and other income-producing debt securities primarily rated investment grade. The fund seeks a high level of current income and total return. NPFI was launched on Mar 5, 2024 and is issued by Nuveen.