Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Stock Price Down 0% – Should You Sell?

Shares of Nuveen Ultra Short Income ETF (NASDAQ:NUSBGet Free Report) dropped 0% during mid-day trading on Friday . The company traded as low as $25.23 and last traded at $25.2250. Approximately 13 shares traded hands during trading, a decline of 99% from the average daily volume of 1,482 shares. The stock had previously closed at $25.23.

Nuveen Ultra Short Income ETF Stock Up 0.0%

The firm has a 50 day moving average price of $25.23 and a 200 day moving average price of $25.25.

Nuveen Ultra Short Income ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, July 2nd. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.0847 per share. This is a boost from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a yield of 4.0%. The ex-dividend date of this dividend was Wednesday, July 1st.

About Nuveen Ultra Short Income ETF

(Get Free Report)

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.

Further Reading

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