Nuveen Ultra Short Income ETF (NASDAQ:NUSB) Increases Dividend to $0.12 Per Share

Nuveen Ultra Short Income ETF (NASDAQ:NUSB) announced a monthly dividend on Tuesday, December 17th,NASDAQ Dividends reports. Shareholders of record on Wednesday, December 18th will be paid a dividend of 0.1156 per share on Thursday, December 19th. This represents a $1.39 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date of this dividend is Wednesday, December 18th. This is a positive change from Nuveen Ultra Short Income ETF’s previous monthly dividend of $0.10.

Nuveen Ultra Short Income ETF Stock Down 0.4 %

Shares of NASDAQ:NUSB traded down $0.11 during midday trading on Wednesday, reaching $25.15. The company had a trading volume of 2 shares, compared to its average volume of 78,460. The stock’s fifty day moving average price is $25.25 and its 200-day moving average price is $25.18. Nuveen Ultra Short Income ETF has a one year low of $25.00 and a one year high of $25.51.

About Nuveen Ultra Short Income ETF

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.