JPMorgan Chase & Co. Buys 26,195 Shares of Nuveen ESG High Yield Corporate Bond ETF $NUHY

JPMorgan Chase & Co. boosted its holdings in Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) by 42,942.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,256 shares of the company’s stock after purchasing an additional 26,195 shares during the period. JPMorgan Chase & Co. owned approximately 0.57% of Nuveen ESG High Yield Corporate Bond ETF worth $572,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. RMG Wealth Management LLC lifted its stake in Nuveen ESG High Yield Corporate Bond ETF by 43.7% in the third quarter. RMG Wealth Management LLC now owns 11,643 shares of the company’s stock worth $252,000 after purchasing an additional 3,540 shares during the last quarter. GPS Wealth Strategies Group LLC lifted its stake in Nuveen ESG High Yield Corporate Bond ETF by 79.7% in the third quarter. GPS Wealth Strategies Group LLC now owns 29,585 shares of the company’s stock worth $644,000 after purchasing an additional 13,122 shares during the last quarter. Finally, Olde Wealth Management LLC bought a new stake in Nuveen ESG High Yield Corporate Bond ETF in the third quarter worth $696,000.

Nuveen ESG High Yield Corporate Bond ETF Price Performance

Nuveen ESG High Yield Corporate Bond ETF stock opened at $21.37 on Monday. The firm has a fifty day simple moving average of $21.39 and a two-hundred day simple moving average of $21.55. Nuveen ESG High Yield Corporate Bond ETF has a twelve month low of $20.39 and a twelve month high of $21.85.

Nuveen ESG High Yield Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Monday, March 2nd were paid a $0.1087 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 6.1%.

Nuveen ESG High Yield Corporate Bond ETF Profile

The Nuveen ESG High Yield Corporate Bond ETF (NUHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. NUHY was launched on Sep 25, 2019 and is managed by Nuveen.