Cambridge Investment Research Advisors Inc. Trims Stock Holdings in Nuveen Short-Term REIT ETF (BATS:NURE)

Cambridge Investment Research Advisors Inc. lowered its position in shares of Nuveen Short-Term REIT ETF (BATS:NURE) by 1.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 36,257 shares of the company’s stock after selling 360 shares during the quarter. Cambridge Investment Research Advisors Inc.’s holdings in Nuveen Short-Term REIT ETF were worth $1,134,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NURE. Raymond James Financial Inc. purchased a new stake in shares of Nuveen Short-Term REIT ETF in the 4th quarter worth about $337,000. LPL Financial LLC boosted its stake in Nuveen Short-Term REIT ETF by 5.4% during the fourth quarter. LPL Financial LLC now owns 31,294 shares of the company’s stock worth $995,000 after acquiring an additional 1,595 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in Nuveen Short-Term REIT ETF by 5.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 8,137 shares of the company’s stock worth $259,000 after purchasing an additional 388 shares during the period. Anderson Financial Strategies LLC purchased a new stake in Nuveen Short-Term REIT ETF in the fourth quarter worth about $7,068,000. Finally, KWB Wealth increased its stake in shares of Nuveen Short-Term REIT ETF by 17.4% during the first quarter. KWB Wealth now owns 20,735 shares of the company’s stock valued at $659,000 after purchasing an additional 3,079 shares in the last quarter.

Nuveen Short-Term REIT ETF Stock Performance

NURE stock opened at $30.22 on Friday. The firm has a 50 day moving average price of $30.12 and a 200-day moving average price of $30.67. Nuveen Short-Term REIT ETF has a 52-week low of $26.06 and a 52-week high of $35.14. The firm has a market capitalization of $43.81 million, a price-to-earnings ratio of 32.60 and a beta of 0.98.

Nuveen Short-Term REIT ETF Company Profile

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.