Short Interest in Nuveen Dividend Growth ETF (NYSEARCA:NDVG) Expands By 43.5%

Nuveen Dividend Growth ETF (NYSEARCA:NDVG) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,798 shares, an increase of 43.5% from the January 29th total of 1,253 shares. Based on an average trading volume of 481 shares, the short-interest ratio is currently 3.7 days. Currently, 0.5% of the company’s shares are sold short. Currently, 0.5% of the company’s shares are sold short. Based on an average trading volume of 481 shares, the short-interest ratio is currently 3.7 days.

Nuveen Dividend Growth ETF Price Performance

Shares of Nuveen Dividend Growth ETF stock traded down $0.53 on Tuesday, hitting $35.99. The company had a trading volume of 396 shares, compared to its average volume of 793. The stock has a 50-day moving average of $36.16 and a 200-day moving average of $35.61. Nuveen Dividend Growth ETF has a twelve month low of $28.27 and a twelve month high of $36.86. The firm has a market capitalization of $14.04 million, a P/E ratio of 26.32 and a beta of 0.85.

Institutional Trading of Nuveen Dividend Growth ETF

An institutional investor recently raised its position in Nuveen Dividend Growth ETF stock. Forefront Wealth Partners LLC lifted its position in shares of Nuveen Dividend Growth ETF (NYSEARCA:NDVG) by 35.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 101,021 shares of the company’s stock after buying an additional 26,311 shares during the period. Nuveen Dividend Growth ETF comprises about 2.2% of Forefront Wealth Partners LLC’s investment portfolio, making the stock its 10th largest holding. Forefront Wealth Partners LLC owned 26.58% of Nuveen Dividend Growth ETF worth $3,313,000 at the end of the most recent reporting period.

Nuveen Dividend Growth ETF Company Profile

The Nuveen Dividend Growth ETF (NDVG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent ETF that primarily holds dividend-paying equities from around the globe. The fund utilizes the Natixis\u002FNYSE non-transparent model. NDVG was launched on Aug 4, 2021 and is managed by Nuveen.