Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Stock Price Up 0% – Here’s Why

Nuveen Ultra Short Income ETF (NASDAQ:NUSB)’s stock price traded up 0% on Tuesday . The company traded as high as $25.25 and last traded at $25.25. 10,013 shares traded hands during trading, an increase of 319% from the average session volume of 2,390 shares. The stock had previously closed at $25.24.

Nuveen Ultra Short Income ETF Stock Up 0.0%

The firm’s fifty day simple moving average is $25.27 and its 200-day simple moving average is $25.27.

Nuveen Ultra Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Monday, March 2nd were issued a $0.0788 dividend. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Monday, March 2nd.

About Nuveen Ultra Short Income ETF

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.