Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Shares Up 0% – Still a Buy?

Shares of Nuveen Ultra Short Income ETF (NASDAQ:NUSBGet Free Report) rose 0% during trading on Thursday . The stock traded as high as $25.28 and last traded at $25.2750. Approximately 4,964 shares were traded during trading, an increase of 254% from the average daily volume of 1,403 shares. The stock had previously closed at $25.27.

Nuveen Ultra Short Income ETF Stock Performance

The firm’s fifty day simple moving average is $25.29 and its 200 day simple moving average is $25.28.

Nuveen Ultra Short Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, December 2nd. Investors of record on Monday, December 1st were given a $0.0925 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a yield of 4.4%. This is an increase from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.09.

Nuveen Ultra Short Income ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Nuveen Ultra Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Ultra Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.