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

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) shares were down 0% during trading on Monday . The company traded as low as $25.30 and last traded at $25.2950. Approximately 1,418 shares changed hands 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 stock has a 50 day moving average price of $25.26 and a two-hundred day moving average price of $25.28.

Nuveen Ultra Short Income ETF Cuts Dividend

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

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.