Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NYSEARCA:NUSA) Sees Large Drop in Short Interest

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF (NYSEARCA:NUSA) saw a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 4,506 shares, a decrease of 36.1% from the June 15th total of 7,049 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 3,819 shares, the days-to-cover ratio is presently 1.2 days.

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF Stock Down 0.1%

Shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF stock opened at $23.10 on Friday. The business’s 50 day simple moving average is $23.13 and its two-hundred day simple moving average is $23.27. Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF has a one year low of $23.02 and a one year high of $23.56.

Institutional Investors Weigh In On Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NUSA. Global Retirement Partners LLC raised its stake in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 19.6% during the fourth quarter. Global Retirement Partners LLC now owns 3,327 shares of the company’s stock valued at $78,000 after acquiring an additional 546 shares during the last quarter. Steward Partners Investment Advisory LLC grew its stake in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 1.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 31,887 shares of the company’s stock worth $746,000 after purchasing an additional 578 shares during the last quarter. Assetmark Inc. grew its stake in shares of Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 5.5% in the first quarter. Assetmark Inc. now owns 44,058 shares of the company’s stock worth $1,027,000 after purchasing an additional 2,287 shares during the last quarter. Parkside Financial Bank & Trust increased its holdings in Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 9.3% during the 4th quarter. Parkside Financial Bank & Trust now owns 29,210 shares of the company’s stock valued at $683,000 after purchasing an additional 2,485 shares during the period. Finally, Raymond James Financial Inc. raised its position in Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF by 18.5% during the 3rd quarter. Raymond James Financial Inc. now owns 27,064 shares of the company’s stock valued at $635,000 after purchasing an additional 4,233 shares during the last quarter.

Nuveen ESG 1-5 Year U.S. Aggregate Bond ETF Company Profile

The Nuveen Enhanced Yield 1-5 Year U.S. Aggregate Bond ETF (NUSA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a US broad-market, investment-grade, short-term bond index, overweighting to securities and sectors that have a higher yield potential while maintaining a comparable overall risk profile. NUSA was launched on Mar 31, 2017 and is managed by Nuveen.