Nuveen Core Plus Bond ETF (NASDAQ:NCPB) Increases Dividend to $0.11 Per Share

Nuveen Core Plus Bond ETF (NASDAQ:NCPB) declared a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be paid a dividend of 0.11 per share on Thursday, July 2nd. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend is Wednesday, July 1st. This is a 7.6% increase from Nuveen Core Plus Bond ETF’s previous monthly dividend of $0.10.

Nuveen Core Plus Bond ETF Price Performance

Shares of NCPB stock traded down $0.15 during trading hours on Wednesday, hitting $24.85. 4,584 shares of the company’s stock traded hands, compared to its average volume of 4,939. Nuveen Core Plus Bond ETF has a 12-month low of $24.62 and a 12-month high of $25.74. The stock’s fifty day simple moving average is $24.94 and its two-hundred day simple moving average is $25.13.

Institutional Investors Weigh In On Nuveen Core Plus Bond ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Godfrey Financial Associates Inc. purchased a new position in shares of Nuveen Core Plus Bond ETF during the 4th quarter worth $36,000. Jane Street Group LLC lifted its holdings in Nuveen Core Plus Bond ETF by 15.0% in the 4th quarter. Jane Street Group LLC now owns 9,171 shares of the company’s stock worth $232,000 after purchasing an additional 1,195 shares in the last quarter. Ausdal Financial Partners Inc. purchased a new position in shares of Nuveen Core Plus Bond ETF in the fourth quarter worth $559,000. Citadel Advisors LLC boosted its holdings in shares of Nuveen Core Plus Bond ETF by 3.1% during the 3rd quarter. Citadel Advisors LLC now owns 42,509 shares of the company’s stock valued at $1,079,000 after purchasing an additional 1,287 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in Nuveen Core Plus Bond ETF during the third quarter valued at approximately $1,557,000.

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.