Nuveen Short-Term REIT ETF (BATS:NURE) Stock Position Raised by Van ECK Associates Corp

Van ECK Associates Corp lifted its stake in shares of Nuveen Short-Term REIT ETF (BATS:NURE) by 10.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 110,995 shares of the company’s stock after purchasing an additional 10,433 shares during the period. Van ECK Associates Corp owned approximately 6.34% of Nuveen Short-Term REIT ETF worth $3,428,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Clear Creek Financial Management LLC purchased a new position in Nuveen Short-Term REIT ETF during the 4th quarter worth approximately $281,000. USAdvisors Wealth Management LLC raised its position in Nuveen Short-Term REIT ETF by 3.9% during the third quarter. USAdvisors Wealth Management LLC now owns 10,693 shares of the company’s stock valued at $290,000 after buying an additional 399 shares during the period. Silver Oak Securities Incorporated purchased a new stake in Nuveen Short-Term REIT ETF in the 3rd quarter worth about $376,000. Cornerstone Wealth Management LLC purchased a new position in Nuveen Short-Term REIT ETF during the 3rd quarter valued at about $473,000. Finally, KWB Wealth lifted its position in shares of Nuveen Short-Term REIT ETF by 21.9% in the fourth quarter. KWB Wealth now owns 16,298 shares of the company’s stock worth $503,000 after purchasing an additional 2,933 shares in the last quarter.

Nuveen Short-Term REIT ETF Stock Performance

Nuveen Short-Term REIT ETF stock opened at $30.25 on Tuesday. Nuveen Short-Term REIT ETF has a twelve month low of $23.70 and a twelve month high of $27.25. The firm has a market cap of $48.40 million, a PE ratio of 24.78 and a beta of 0.92. The firm’s 50 day moving average price is $30.03 and its two-hundred day moving average price is $29.33.

About Nuveen Short-Term REIT ETF

The Nuveen Short-Term REIT ETF (NURE) is an exchange-traded fund that mostly invests in real estate equity. The fund tracks an index composed of U.S. REITs that typically have shorter-term lease durations than average. NURE was launched on Dec 19, 2016 and is managed by Nuveen.