Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) Short Interest Update

Nuveen ESG High Yield Corporate Bond ETF (NYSEARCA:NUHY) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 1,678 shares, a drop of 75.8% from the January 15th total of 6,941 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 23,589 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily trading volume, of 23,589 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Trading of Nuveen ESG High Yield Corporate Bond ETF

Hedge funds have recently made changes to their positions in the business. GPS Wealth Strategies Group LLC lifted its holdings in shares of Nuveen ESG High Yield Corporate Bond ETF by 67.5% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 16,463 shares of the company’s stock valued at $357,000 after acquiring an additional 6,637 shares during the last quarter. RMG Wealth Management LLC raised its position in Nuveen ESG High Yield Corporate Bond ETF by 43.7% during the third quarter. RMG Wealth Management LLC now owns 11,643 shares of the company’s stock valued at $252,000 after purchasing an additional 3,540 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Nuveen ESG High Yield Corporate Bond ETF by 42,942.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 26,256 shares of the company’s stock valued at $572,000 after purchasing an additional 26,195 shares during the last quarter. Olde Wealth Management LLC purchased a new position in shares of Nuveen ESG High Yield Corporate Bond ETF in the 3rd quarter worth approximately $696,000. Finally, Legacy Financial Advisors Inc. boosted its holdings in shares of Nuveen ESG High Yield Corporate Bond ETF by 9.9% in the 4th quarter. Legacy Financial Advisors Inc. now owns 14,087 shares of the company’s stock worth $304,000 after purchasing an additional 1,274 shares during the period.

Nuveen ESG High Yield Corporate Bond ETF Stock Down 0.0%

Shares of NUHY opened at $21.60 on Friday. Nuveen ESG High Yield Corporate Bond ETF has a 1 year low of $20.17 and a 1 year high of $21.85. The business’s 50 day simple moving average is $21.65 and its 200-day simple moving average is $21.65.

Nuveen ESG High Yield Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Shareholders of record on Monday, February 2nd were given a dividend of $0.1103 per share. This represents a c) annualized dividend and a yield of 6.1%. This is an increase from Nuveen ESG High Yield Corporate Bond ETF’s previous monthly dividend of $0.11. The ex-dividend date was Monday, February 2nd.

Nuveen ESG High Yield Corporate Bond ETF Company 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.