Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY – Get Free Report) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 686 shares, a drop of 47.2% from the September 30th total of 1,299 shares. Based on an average daily volume of 46,686 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.
Nuveen ESG High Yield Corporate Bond ETF Trading Down 0.7%
Shares of NUHY stock traded down $0.14 during mid-day trading on Monday, reaching $20.28. The stock had a trading volume of 7,666 shares, compared to its average volume of 25,567. Nuveen ESG High Yield Corporate Bond ETF has a 12-month low of $20.18 and a 12-month high of $21.78. The business has a 50-day simple moving average of $20.70 and a 200 day simple moving average of $21.22.
Institutional Investors Weigh In On Nuveen ESG High Yield Corporate Bond ETF
Several hedge funds and other institutional investors have recently added to or reduced their stakes in NUHY. Prime Capital Investment Advisors LLC raised its holdings in shares of Nuveen ESG High Yield Corporate Bond ETF by 14.4% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 70,611 shares of the company’s stock valued at $1,443,000 after purchasing an additional 8,889 shares in the last quarter. RMG Wealth Management LLC acquired a new stake in Nuveen ESG High Yield Corporate Bond ETF during the first quarter worth approximately $253,000. Farther Finance Advisors LLC increased its stake in Nuveen ESG High Yield Corporate Bond ETF by 8,538.2% in the third quarter. Farther Finance Advisors LLC now owns 9,502 shares of the company’s stock valued at $194,000 after acquiring an additional 9,392 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new position in Nuveen ESG High Yield Corporate Bond ETF during the second quarter worth about $99,000.
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.
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