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

Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totaling 10,280 shares, an increase of 288.1% from the April 30th total of 2,649 shares. Based on an average daily trading volume, of 58,247 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On Nuveen ESG U.S. Aggregate Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. Kelman Lazarov Inc. grew its position in shares of Nuveen ESG U.S. Aggregate Bond ETF by 1.9% in the 4th quarter. Kelman Lazarov Inc. now owns 30,429 shares of the company’s stock valued at $680,000 after buying an additional 570 shares during the last quarter. SGL Investment Advisors Inc. grew its stake in Nuveen ESG U.S. Aggregate Bond ETF by 4.8% during the 4th quarter. SGL Investment Advisors Inc. now owns 12,602 shares of the company’s stock worth $282,000 after buying an additional 575 shares during the last quarter. Mariner LLC grew its stake in Nuveen ESG U.S. Aggregate Bond ETF by 1.7% during the 4th quarter. Mariner LLC now owns 34,713 shares of the company’s stock worth $776,000 after buying an additional 579 shares during the last quarter. Wealthfront Advisers LLC grew its stake in Nuveen ESG U.S. Aggregate Bond ETF by 1.6% during the 4th quarter. Wealthfront Advisers LLC now owns 42,482 shares of the company’s stock worth $950,000 after buying an additional 660 shares during the last quarter. Finally, UMB Bank n.a. grew its stake in Nuveen ESG U.S. Aggregate Bond ETF by 0.8% during the 3rd quarter. UMB Bank n.a. now owns 85,449 shares of the company’s stock worth $1,919,000 after buying an additional 708 shares during the last quarter.

Nuveen ESG U.S. Aggregate Bond ETF Stock Performance

Nuveen ESG U.S. Aggregate Bond ETF stock traded up $0.01 during trading on Friday, reaching $22.15. 61,103 shares of the company were exchanged, compared to its average volume of 87,389. Nuveen ESG U.S. Aggregate Bond ETF has a 52-week low of $21.82 and a 52-week high of $22.71. The stock’s 50 day simple moving average is $22.15 and its two-hundred day simple moving average is $22.34.

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.