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

Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 25,461 shares, a growth of 63.1% from the June 30th total of 15,609 shares. Based on an average daily volume of 118,481 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Nuveen ESG U.S. Aggregate Bond ETF Stock Performance

Shares of NUBD traded down $0.06 during mid-day trading on Friday, reaching $21.76. The company had a trading volume of 61,698 shares, compared to its average volume of 83,374. The firm has a 50-day moving average price of $22.01 and a 200 day moving average price of $22.20. Nuveen ESG U.S. Aggregate Bond ETF has a 52 week low of $21.74 and a 52 week high of $22.71.

Institutional Investors Weigh In On Nuveen ESG U.S. Aggregate Bond ETF

A number of institutional investors have recently modified their holdings of the stock. Bank of New York Mellon Corp raised its position 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 worth $35,578,000 after purchasing an additional 621,766 shares during the last quarter. WCG Wealth Advisors LLC increased its stake in Nuveen ESG U.S. Aggregate Bond ETF by 277.7% during the 4th quarter. WCG Wealth Advisors LLC now owns 744,182 shares of the company’s stock valued at $16,636,000 after purchasing an additional 547,150 shares in the last quarter. First Pacific Financial raised its holdings in Nuveen ESG U.S. Aggregate Bond ETF by 9.8% in the fourth quarter. First Pacific Financial now owns 1,189,868 shares of the company’s stock worth $26,600,000 after buying an additional 106,292 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of 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 worth $8,836,000 after buying an additional 83,887 shares in the last quarter. Finally, Beacon Pointe Advisors LLC bought a new position in shares of Nuveen ESG U.S. Aggregate Bond ETF in the fourth quarter worth approximately $1,498,000.

Nuveen ESG U.S. Aggregate Bond ETF Company Profile

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.