Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) Sees Significant Decline in Short Interest

Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 94,000 shares, a drop of 45.3% from the August 31st total of 171,800 shares. Based on an average trading volume of 57,900 shares, the short-interest ratio is presently 1.6 days. Based on an average trading volume of 57,900 shares, the short-interest ratio is presently 1.6 days.

Nuveen ESG U.S. Aggregate Bond ETF Trading Down 0.1%

NUBD opened at $22.45 on Monday. Nuveen ESG U.S. Aggregate Bond ETF has a 1-year low of $21.48 and a 1-year high of $22.64. The company has a 50 day simple moving average of $22.32 and a two-hundred day simple moving average of $22.11.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Vestmark Advisory Solutions Inc. lifted its position in shares of Nuveen ESG U.S. Aggregate Bond ETF by 130.7% in the second quarter. Vestmark Advisory Solutions Inc. now owns 799,770 shares of the company’s stock valued at $17,803,000 after acquiring an additional 453,111 shares in the last quarter. Bank of New York Mellon Corp raised its stake in Nuveen ESG U.S. Aggregate Bond ETF by 13.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 549,543 shares of the company’s stock valued at $12,233,000 after purchasing an additional 66,118 shares during the period. WCG Wealth Advisors LLC lifted its holdings in Nuveen ESG U.S. Aggregate Bond ETF by 18.1% in the 2nd quarter. WCG Wealth Advisors LLC now owns 369,935 shares of the company’s stock worth $8,235,000 after purchasing an additional 56,717 shares in the last quarter. Evolution Advisers Inc. lifted its holdings in Nuveen ESG U.S. Aggregate Bond ETF by 63.0% in the 1st quarter. Evolution Advisers Inc. now owns 116,036 shares of the company’s stock worth $2,574,000 after purchasing an additional 44,864 shares in the last quarter. Finally, Atria Investments Inc bought a new position in Nuveen ESG U.S. Aggregate Bond ETF in the 2nd quarter worth approximately $886,000.

Nuveen ESG U.S. Aggregate Bond ETF Company Profile

The Nuveen ESG U.S. Aggregate Bond ETF (NUBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of US investment-grade bonds selected for exhibiting certain environmental, social, and governance criteria. NUBD was launched on Sep 29, 2017 and is managed by Nuveen.