Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Increases Dividend to $0.08 Per Share

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) announced a monthly dividend on Tuesday, June 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, July 1st will be given a dividend of 0.0847 per share on Thursday, July 2nd. This represents a c) dividend on an annualized basis and a yield of 4.0%. The ex-dividend date is Wednesday, July 1st. This is a 1.7% increase from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.08.

Nuveen Ultra Short Income ETF Stock Performance

NUSB stock traded up $0.00 during midday trading on Wednesday, hitting $25.26. The company’s stock had a trading volume of 25 shares, compared to its average volume of 1,582. The firm has a 50-day simple moving average of $25.24 and a 200-day simple moving average of $25.25. Nuveen Ultra Short Income ETF has a 52-week low of $25.18 and a 52-week high of $25.66.

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.