Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Share Price Crosses Below 200-Day Moving Average – Should You Sell?

Nuveen Ultra Short Income ETF (NASDAQ:NUSB – Get Free Report)’s share price passed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of $25.23 and traded as low as $25.14. Nuveen Ultra Short Income ETF shares last traded at $25.1460, with a volume of 846 shares traded.

Nuveen Ultra Short Income ETF Stock Performance

The firm’s 50 day moving average is $25.20 and its 200 day moving average is $25.23.

Nuveen Ultra Short Income ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, November 3rd. Shareholders of record on Monday, November 2nd will be issued a $0.0921 dividend. This is an increase from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.0849. This represents a $1.11 annualized dividend and a yield of 4.4%. The ex-dividend date of this dividend is Monday, November 2nd.

Nuveen Ultra Short Income ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Nuveen Ultra Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nuveen Ultra Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.