Nuveen Ultra Short Income ETF (NASDAQ:NUSB) to Issue Monthly Dividend of $0.11

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) declared a monthly dividend on Wednesday, December 17th. Stockholders of record on Thursday, December 18th will be given a dividend of 0.1079 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 5.1%. The ex-dividend date of this dividend is Thursday, December 18th. This is a 16.6% increase from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.09.

Nuveen Ultra Short Income ETF Price Performance

NUSB stock traded down $0.11 during midday trading on Thursday, hitting $25.20. The stock had a trading volume of 5,505 shares, compared to its average volume of 1,430. The business has a 50-day moving average of $25.29 and a two-hundred day moving average of $25.28. Nuveen Ultra Short Income ETF has a 52-week low of $25.15 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.