Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Stock Price Down 0% – Time to Sell?

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) shares fell 0% on Thursday . The company traded as low as $25.24 and last traded at $25.2450. 114 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 4,523 shares. The stock had previously closed at $25.25.

Nuveen Ultra Short Income ETF Stock Performance

The company’s fifty day moving average price is $25.26 and its 200-day moving average price is $25.28.

Nuveen Ultra Short Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were given a dividend of $0.1079 per share. This is a boost from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Thursday, December 18th. This represents a c) dividend on an annualized basis and a yield of 5.1%.

Nuveen Ultra Short Income ETF Company Profile

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.