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

Nuveen Ultra Short Income ETF (NASDAQ:NUSBGet Free Report) was down 0% during mid-day trading on Monday . The company traded as low as $25.30 and last traded at $25.2950. Approximately 1,418 shares were traded during trading, a decline of 45% from the average daily volume of 2,558 shares. The stock had previously closed at $25.30.

Nuveen Ultra Short Income ETF Price Performance

The firm’s fifty day moving average price is $25.26 and its 200-day moving average price is $25.28.

Nuveen Ultra Short Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Monday, February 2nd were paid a dividend of $0.0813 per share. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Monday, February 2nd.

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.

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