Legacy Financial Advisors Inc . Buys New Position in Nuveen ESG High Yield Corporate Bond ETF ( NYSEARCA : NUHY )

Legacy Financial Advisors Inc. and several other hedge funds and institutional investors have recently increased their stakes in Nuveen ESG High Yield Corporate Bond ETF (NUHY), as reported by the Securities & Exchange Commission. Legacy Financial Advisors Inc. purchased 12,445 shares of NUHY in the 2nd quarter, valued at approximately $260,000, representing about 0.31% of the fund. Crestwood Advisors Group LLC also bought shares worth $266,000 during the same period. Cambridge Investment Research Advisors Inc. increased its position by 2.9%, owning 349,866 shares valued at $7,319,000 after acquiring an additional 10,003 shares. Klaas Financial Asset Advisors LLC grew its stake by 6.9%, now owning 21,350 shares valued at $451,000. AdvisorNet Financial Inc increased its holdings by 4.4%, now owning 20,019 shares worth $423,000. Fisher Asset Management LLC lifted its stake by 1.7%, now owning 268,539 shares valued at $5,650,000. NUHY, an exchange-traded fund, invests in high yield fixed income and tracks an index of market-value-weighted US dollar-denominated high yield corporate bonds screened for favorable ESG criteria. Launched on Sep 25, 2019, it is managed by Nuveen. The fund s shares opened at $21.68 on Friday, with a 50-day moving average of $21.35 and a 200-day moving average of $21.07. The 1-year low and high are $19.50 and $21.74, respectively. Investors interested in NUHY can receive a daily summary of news and analysts ratings for the

Source: etfdailynews.com
Published on 2024-09-22

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