US Bancorp DE Increases Stake in Nuveen ESG U.S. Aggregate Bond ETF

US Bancorp DE has raised its investment in the Nuveen ESG U.S. Aggregate Bond ETF (NYSEARCA:NUBD) by an impressive 27.9% during the last quarter of 2024, as reported by Holdings Channel.com. As a result of this increase, the firm now owns a total of 51,863 shares in this exchange-traded fund after purchasing an additional 11,312 shares within the quarter. By the end of the recent reporting period, the total value of US Bancorp DE’s holdings in NUBD amounted to approximately $1.13 million.

In addition to US Bancorp DE, several other institutional investors and hedge funds have also made changes to their positions in NUBD. For instance, Stanich Group LLC entered a new investment in the Nuveen ESG U.S. Aggregate Bond ETF in the fourth quarter, valued at around $11.69 million. Westfuller Advisors LLC, during the third quarter, acquired a new stake in the fund worth about $6.77 million. Also, Stewardship Advisors LLC reported a new investment in NUBD valued at roughly $5.13 million in the same quarter. The Bank of New York Mellon Corp increased its stake in the ETF by a significant 45.1% during the fourth quarter, bringing its total to 565,859 shares, worth $12.32 million after acquiring an additional 175,789 shares. Lastly, Perigon Wealth Management LLC also enhanced its holdings in NUBD by an impressive 145.6%, now owning 159,568 shares valued at about $3.44 million following the purchase of 94,610 shares.

Nuveen ESG U.S. Aggregate Bond ETF Price Insights

The Nuveen ESG U.S. Aggregate Bond ETF (NUBD) opened trading on Monday at $22.05. Over the past year, the fund has experienced a low of $21.26 and a high of $22.88. Currently, its 50-day simple moving average stands at $21.84, while the 200-day simple moving average is at $22.12.

Overview of Nuveen ESG U.S. Aggregate Bond ETF

The Nuveen ESG U.S. Aggregate Bond ETF (NUBD) is designed as an exchange-traded fund that primarily invests in investment-grade fixed-income securities. The fund tracks an index that consists of U.S. investment-grade bonds selected based on certain environmental, social, and governance criteria. Launched on September 29, 2017, it is managed by Nuveen.

US, Bancorp, ETF