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 drop in short interest in June. As of June 30th, there was short interest totaling 15,609 shares, a drop of 50.8% from the June 15th total of 31,695 shares. Based on an average trading volume of 83,593 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On Nuveen ESG U.S. Aggregate Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Charter Oak Capital Management LLC increased its stake in shares of Nuveen ESG U.S. Aggregate Bond ETF by 11.6% during the fourth quarter. Charter Oak Capital Management LLC now owns 270,347 shares of the company’s stock worth $6,044,000 after acquiring an additional 28,008 shares during the period. Tcfg Wealth Management LLC lifted its position 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 valued at $4,877,000 after purchasing an additional 207,491 shares during the period. WCG Wealth Advisors LLC boosted its holdings in Nuveen ESG U.S. Aggregate Bond ETF by 277.7% in 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. Perigon Wealth Management LLC boosted its holdings in Nuveen ESG U.S. Aggregate Bond ETF by 35.6% in the 4th quarter. Perigon Wealth Management LLC now owns 182,840 shares of the company’s stock valued at $4,087,000 after purchasing an additional 48,004 shares in the last quarter. Finally, CGN Advisors LLC increased its position in Nuveen ESG U.S. Aggregate Bond ETF by 8.9% during the 4th quarter. CGN Advisors LLC now owns 407,545 shares of the company’s stock worth $9,111,000 after purchasing an additional 33,354 shares during the period.

Nuveen ESG U.S. Aggregate Bond ETF Price Performance

NUBD traded up $0.05 on Wednesday, reaching $21.97. The company had a trading volume of 564,555 shares, compared to its average volume of 87,515. Nuveen ESG U.S. Aggregate Bond ETF has a 1 year low of $21.82 and a 1 year high of $22.71. The stock has a 50-day moving average price of $22.05 and a 200-day moving average price of $22.25.

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.