Short Interest in Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NYSEARCA:NUSA) Rises By 4,081.7%

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NYSEARCA:NUSA) was the recipient of a significant growth in short interest in March. As of March 13th, there was short interest totaling 18,985 shares, a growth of 4,081.7% from the February 26th total of 454 shares. Based on an average daily trading volume, of 7,131 shares, the short-interest ratio is presently 2.7 days. Currently, 1.3% of the company’s stock are sold short.

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF Stock Down 0.3%

NUSA stock traded down $0.06 during midday trading on Thursday, hitting $23.18. The company’s stock had a trading volume of 537 shares, compared to its average volume of 6,767. The stock’s 50-day moving average price is $23.39 and its 200 day moving average price is $23.41. Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF has a 1 year low of $23.07 and a 1 year high of $23.56.

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Monday, March 2nd were paid a $0.0693 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.6%.

Hedge Funds Weigh In On Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Global Retirement Partners LLC boosted its stake in Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 19.6% during the fourth quarter. Global Retirement Partners LLC now owns 3,327 shares of the company’s stock valued at $78,000 after buying an additional 546 shares during the period. Raymond James Financial Inc. raised its holdings in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 18.5% in the 3rd quarter. Raymond James Financial Inc. now owns 27,064 shares of the company’s stock valued at $635,000 after acquiring an additional 4,233 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 9.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 29,210 shares of the company’s stock valued at $683,000 after acquiring an additional 2,485 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 8.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 31,012 shares of the company’s stock valued at $724,000 after acquiring an additional 2,305 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 1.8% during the fourth quarter. Steward Partners Investment Advisory LLC now owns 31,887 shares of the company’s stock worth $746,000 after purchasing an additional 578 shares in the last quarter.

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF Company Profile

The Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF (NUSA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market, investment-grade, short-term bond index, overweighting to securities and sectors that have a higher yield potential while maintaining a comparable overall risk profile. NUSA was launched on Mar 31, 2017 and is managed by Nuveen.