Nuveen Dividend Growth ETF (NYSEARCA:NDVG) Short Interest Down 14.9% in March

Nuveen Dividend Growth ETF (NYSEARCA:NDVGGet Free Report) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 1,352 shares, a drop of 14.9% from the February 26th total of 1,588 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 596 shares, the short-interest ratio is currently 2.3 days.

Hedge Funds Weigh In On Nuveen Dividend Growth ETF

An institutional investor recently raised its position in Nuveen Dividend Growth ETF stock. Forefront Wealth Partners LLC increased its holdings in Nuveen Dividend Growth ETF (NYSEARCA:NDVGFree Report) by 35.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 101,021 shares of the company’s stock after acquiring an additional 26,311 shares during the quarter. Nuveen Dividend Growth ETF makes up about 2.2% of Forefront Wealth Partners LLC’s holdings, making the stock its 10th biggest position. Forefront Wealth Partners LLC owned 26.58% of Nuveen Dividend Growth ETF worth $3,313,000 as of its most recent SEC filing.

Nuveen Dividend Growth ETF Stock Performance

NDVG remained flat at $33.89 on Tuesday. 589 shares of the company were exchanged, compared to its average volume of 750. The firm has a market capitalization of $13.22 million, a PE ratio of 26.32 and a beta of 0.85. Nuveen Dividend Growth ETF has a 52-week low of $28.27 and a 52-week high of $36.86. The business has a fifty day moving average price of $35.86 and a two-hundred day moving average price of $35.64.

About Nuveen Dividend Growth ETF

(Get Free Report)

The Nuveen Dividend Growth ETF (NDVG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent ETF that primarily holds dividend-paying equities from around the globe. The fund utilizes the Natixis\u002FNYSE non-transparent model. NDVG was launched on Aug 4, 2021 and is managed by Nuveen.

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