Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Share Price Crosses Below 200 Day Moving Average – Here’s What Happened

Nuveen Ultra Short Income ETF (NASDAQ:NUSB)’s stock price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $25.23 and traded as low as $25.14. Nuveen Ultra Short Income ETF shares last traded at $25.1460, with a volume of 846 shares trading hands.

Nuveen Ultra Short Income ETF Stock Down 0.4%

The business has a 50 day simple moving average of $25.20 and a 200 day simple moving average of $25.23.

Nuveen Ultra Short Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, November 3rd. Stockholders of record on Monday, November 2nd will be issued a dividend of $0.0921 per share. This represents a $1.11 annualized dividend and a dividend yield of 4.4%. This is an increase from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.0849. The ex-dividend date is Monday, November 2nd.

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.