Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Shares Down 0% – What’s Next?

Nuveen Ultra Short Income ETF (NASDAQ:NUSB)’s share price dropped 0% during mid-day trading on Thursday . The company traded as low as $25.24 and last traded at $25.2450. Approximately 114 shares were traded during trading, a decline of 97% from the average daily volume of 4,523 shares. The stock had previously closed at $25.25.

Nuveen Ultra Short Income ETF Price Performance

The stock has a 50-day simple moving average of $25.26 and a 200-day simple moving average of $25.28.

Nuveen Ultra Short Income ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 18th were paid a dividend of $0.1079 per share. The ex-dividend date of this dividend was Thursday, December 18th. This is an increase from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.09. This represents a c) annualized dividend and a dividend yield of 5.1%.

Nuveen Ultra Short Income ETF Company Profile

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.