Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Update

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 1,678 shares, a drop of 75.8% from the January 15th total of 6,941 shares. Based on an average daily volume of 23,589 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 23,589 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Nuveen ESG High Yield Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of NUHY. GPS Wealth Strategies Group LLC boosted its position in Nuveen ESG High Yield Corporate Bond ETF by 67.5% during the second quarter. GPS Wealth Strategies Group LLC now owns 16,463 shares of the company’s stock worth $357,000 after acquiring an additional 6,637 shares during the last quarter. RMG Wealth Management LLC boosted its holdings in shares of Nuveen ESG High Yield Corporate Bond ETF by 43.7% during the 3rd quarter. RMG Wealth Management LLC now owns 11,643 shares of the company’s stock worth $252,000 after purchasing an additional 3,540 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% in the third quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock valued at $572,000 after purchasing an additional 26,195 shares in the last quarter. Olde Wealth Management LLC purchased a new stake in shares of Nuveen ESG High Yield Corporate Bond ETF in the third quarter valued at approximately $696,000. Finally, Legacy Financial Advisors Inc. increased its holdings in shares of Nuveen ESG High Yield Corporate Bond ETF by 9.9% in the fourth quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock valued at $304,000 after purchasing an additional 1,274 shares during the last quarter.

Nuveen ESG High Yield Corporate Bond ETF Stock Down 0.0%

Shares of NYSEARCA:NUHY opened at $21.60 on Friday. Nuveen ESG High Yield Corporate Bond ETF has a 1 year low of $20.17 and a 1 year high of $21.85. The business’s 50 day moving average price is $21.65 and its 200-day moving average price is $21.65.

Nuveen ESG High Yield Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Monday, February 2nd were paid a dividend of $0.1103 per share. This is a boost from Nuveen ESG High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 6.1%.

About Nuveen ESG High Yield Corporate Bond ETF

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. NUHY was launched on Sep 25, 2019 and is managed by Nuveen.