Nuveen ESG Dividend ETF (BATS:NUDV) Stock Short Interest Declines 57.9%

Nuveen ESG Dividend ETF (BATS:NUDV) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 9,964 shares, a drop of 57.9% from the September 15th total of 23,675 shares. Based on an average daily trading volume, of 8,906 shares, the days-to-cover ratio is currently 1.1 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Investors Weigh In On Nuveen ESG Dividend ETF

A number of hedge funds have recently added to or reduced their stakes in NUDV. Bank of America Corp DE purchased a new position in shares of Nuveen ESG Dividend ETF in the 2nd quarter worth $13,943,000. LM Advisors LLC purchased a new position in shares of Nuveen ESG Dividend ETF during the 2nd quarter worth $4,057,000. Sanctuary Advisors LLC bought a new position in Nuveen ESG Dividend ETF in the 2nd quarter worth $3,116,000. Allworth Financial LP bought a new stake in Nuveen ESG Dividend ETF during the second quarter valued at about $1,420,000. Finally, NewEdge Wealth LLC bought a new position in shares of Nuveen ESG Dividend ETF in the second quarter worth about $586,000.

Nuveen ESG Dividend ETF Stock Up 0.0%

Shares of BATS NUDV opened at $32.75 on Wednesday. The firm’s 50-day moving average price is $33.45 and its 200-day moving average price is $32.76. Nuveen ESG Dividend ETF has a 52-week low of $28.66 and a 52-week high of $34.50. The company has a market cap of $36.02 million, a PE ratio of 18.26 and a beta of 0.93.

Nuveen ESG Dividend ETF Company Profile

The Nuveen ESG Dividend ETF (NUDV) is an exchange-traded fund that is based on the TIAA ESG USA High Dividend index. The fund tracks an index of large- and mid-cap US-listed companies that exhibit high dividend yields and meet certain ESG criteria. NUDV was launched on Sep 27, 2021 and is managed by Nuveen.