Short Interest in Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) Increases By 58.9%

Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 12,297 shares, a growth of 58.9% from the February 12th total of 7,740 shares. Based on an average daily volume of 46,983 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 46,983 shares, the days-to-cover ratio is presently 0.3 days.

Nuveen ESG U.S. Aggregate Bond ETF Price Performance

NYSEARCA:NUBD traded down $0.02 during midday trading on Friday, hitting $22.22. The company’s stock had a trading volume of 42,806 shares, compared to its average volume of 83,876. Nuveen ESG U.S. Aggregate Bond ETF has a fifty-two week low of $21.60 and a fifty-two week high of $22.71. The firm’s 50 day moving average is $22.45 and its 200-day moving average is $22.45.

Nuveen ESG U.S. Aggregate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Stockholders of record on Monday, March 2nd were paid a $0.0684 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

Institutional Investors Weigh In On Nuveen ESG U.S. Aggregate Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in NUBD. Bank of New York Mellon Corp boosted its stake in shares of Nuveen ESG U.S. Aggregate Bond ETF by 13.7% in the second quarter. Bank of New York Mellon Corp now owns 549,543 shares of the company’s stock worth $12,233,000 after buying an additional 66,118 shares during the last quarter. Cetera Investment Advisers grew its position in Nuveen ESG U.S. Aggregate Bond ETF by 23.7% during the second quarter. Cetera Investment Advisers now owns 14,036 shares of the company’s stock valued at $312,000 after buying an additional 2,691 shares during the period. Rockefeller Capital Management L.P. increased its holdings in Nuveen ESG U.S. Aggregate Bond ETF by 36.6% in the second quarter. Rockefeller Capital Management L.P. now owns 30,755 shares of the company’s stock valued at $685,000 after buying an additional 8,240 shares in the last quarter. Financial Gravity Companies Inc. purchased a new position in Nuveen ESG U.S. Aggregate Bond ETF in the second quarter valued at $82,000. Finally, WCG Wealth Advisors LLC raised its position in shares of Nuveen ESG U.S. Aggregate Bond ETF by 18.1% in the second quarter. WCG Wealth Advisors LLC now owns 369,935 shares of the company’s stock worth $8,235,000 after acquiring an additional 56,717 shares during the period.

About Nuveen ESG U.S. Aggregate Bond ETF

The Nuveen ESG U.S. Aggregate Bond ETF (NUBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of US investment-grade bonds selected for exhibiting certain environmental, social, and governance criteria. NUBD was launched on Sep 29, 2017 and is managed by Nuveen.