Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) Sees Large Drop in Short Interest

Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) was the recipient of a large decrease in short interest in June. As of June 30th, there was short interest totaling 15,609 shares, a decrease of 50.8% from the June 15th total of 31,695 shares. Based on an average trading volume of 83,593 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Nuveen ESG U.S. Aggregate Bond ETF Stock Performance

Nuveen ESG U.S. Aggregate Bond ETF stock traded up $0.05 during midday trading on Wednesday, reaching $21.97. 564,555 shares of the stock traded hands, compared to its average volume of 87,515. The company has a 50-day simple moving average of $22.05 and a two-hundred day simple moving average of $22.25. Nuveen ESG U.S. Aggregate Bond ETF has a 12-month low of $21.82 and a 12-month high of $22.71.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp boosted its stake in shares of Nuveen ESG U.S. Aggregate Bond ETF by 64.1% in the 4th quarter. Bank of New York Mellon Corp now owns 1,591,519 shares of the company’s stock valued at $35,578,000 after buying an additional 621,766 shares during the period. WCG Wealth Advisors LLC lifted its stake in Nuveen ESG U.S. Aggregate Bond ETF by 277.7% in the fourth quarter. WCG Wealth Advisors LLC now owns 744,182 shares of the company’s stock worth $16,636,000 after acquiring an additional 547,150 shares during the last quarter. Tcfg Wealth Management LLC lifted its stake in Nuveen ESG U.S. Aggregate Bond ETF by 2,143.5% in the third quarter. Tcfg Wealth Management LLC now owns 217,171 shares of the company’s stock worth $4,877,000 after acquiring an additional 207,491 shares during the last quarter. First Pacific Financial grew its holdings in Nuveen ESG U.S. Aggregate Bond ETF by 9.8% during the 4th quarter. First Pacific Financial now owns 1,189,868 shares of the company’s stock worth $26,600,000 after acquiring an additional 106,292 shares in the last quarter. Finally, Focus Partners Wealth increased its holdings in Nuveen ESG U.S. Aggregate Bond ETF by 27.1% in the third quarter. Focus Partners Wealth now owns 392,984 shares of the company’s stock valued at $8,836,000 after buying an additional 83,887 shares during the last quarter.

About Nuveen ESG U.S. Aggregate Bond ETF

The Nuveen ESG U.S. Aggregate Bond ETF (NUBD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index of US investment-grade bonds selected for exhibiting certain environmental, social, and governance criteria. NUBD was launched on Sep 29, 2017 and is managed by Nuveen.