Nuveen Ultra Short Income ETF (NASDAQ:NUSB) to Issue Dividend Increase – $0.08 Per Share

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Stockholders of record on Wednesday, July 1st will be paid a dividend of 0.0847 per share on Thursday, July 2nd. This represents a c) annualized dividend and a dividend yield of 4.0%. The ex-dividend date is Wednesday, July 1st. This is a 1.7% increase from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.08.

Nuveen Ultra Short Income ETF Price Performance

NUSB stock traded up $0.00 during trading on Wednesday, hitting $25.26. 25 shares of the company’s stock were exchanged, compared to its average volume of 1,582. The business has a 50-day moving average price of $25.24 and a two-hundred day moving average price of $25.25. Nuveen Ultra Short Income ETF has a 52-week low of $25.18 and a 52-week high of $25.66.

About Nuveen Ultra Short Income ETF

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.