Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Shares Down 0% – Here’s What Happened

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) shares fell 0% during mid-day trading on Friday . The stock traded as low as $25.23 and last traded at $25.2250. 13 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 1,482 shares. The stock had previously closed at $25.23.

Nuveen Ultra Short Income ETF Trading Down 0.0%

The firm has a 50-day moving average price of $25.23 and a two-hundred day moving average price of $25.25.

Nuveen Ultra Short Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Wednesday, July 1st were paid a dividend of $0.0847 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a dividend yield of 4.0%. This is an increase from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.08.

Nuveen Ultra Short Income ETF Company Profile

The Nuveen Ultra Short Income ETF (NUSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an ultra short-term portfolio of USD-denominated, income-producing fixed income securities primarily rated investment grade. The actively managed fund seeks to provide total return consistent with capital preservation. NUSB was launched on Mar 5, 2024 and is issued by Nuveen.