Beverly Hills Private Wealth LLC Buys New Shares in Nuveen Dividend Growth ETF (NYSEARCA:NDVG)

Beverly Hills Private Wealth LLC bought a new stake in Nuveen Dividend Growth ETF (NYSEARCA:NDVG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 86,593 shares of the company’s stock, valued at approximately $2,429,000. Beverly Hills Private Wealth LLC owned about 27.06% of Nuveen Dividend Growth ETF at the end of the most recent quarter.

Separately, Royal Bank of Canada increased its stake in Nuveen Dividend Growth ETF by 378.4% in the third quarter. Royal Bank of Canada now owns 2,708 shares of the company’s stock valued at $60,000 after purchasing an additional 2,142 shares during the last quarter.

Nuveen Dividend Growth ETF Stock Performance

Nuveen Dividend Growth ETF stock traded down $0.42 during trading on Friday, hitting $28.55. The company’s stock had a trading volume of 456 shares, compared to its average volume of 4,390. The stock has a market capitalization of $10.56 million, a price-to-earnings ratio of 23.99 and a beta of 0.89. The stock’s fifty day moving average is $29.09 and its 200 day moving average is $27.58. Nuveen Dividend Growth ETF has a 1-year low of $24.33 and a 1-year high of $29.64.

About Nuveen Dividend Growth ETF

The Nuveen Dividend Growth ETF (NDVG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed, non-transparent ETF that primarily holds dividend-paying equities from around the globe. The fund utilizes the Natixis\u002FNYSE non-transparent model. NDVG was launched on Aug 4, 2021 and is managed by Nuveen.