Cornerstone Wealth Management LLC Increases Holdings in Nuveen Short-Term REIT ETF (BATS:NURE)

Cornerstone Wealth Management LLC lifted its position in Nuveen Short-Term REIT ETF (BATS:NURE) by 58.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,924 shares of the company’s stock after purchasing an additional 13,979 shares during the quarter. Cornerstone Wealth Management LLC owned about 2.37% of Nuveen Short-Term REIT ETF worth $1,206,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in Nuveen Short-Term REIT ETF during the third quarter valued at approximately $205,000. KWB Wealth raised its position in Nuveen Short-Term REIT ETF by 8.2% during the fourth quarter. KWB Wealth now owns 17,656 shares of the company’s stock valued at $599,000 after acquiring an additional 1,335 shares in the last quarter. Silver Oak Securities Incorporated raised its position in Nuveen Short-Term REIT ETF by 22.6% during the third quarter. Silver Oak Securities Incorporated now owns 20,228 shares of the company’s stock valued at $684,000 after acquiring an additional 3,735 shares in the last quarter. Finally, SK Wealth Management LLC purchased a new position in Nuveen Short-Term REIT ETF during the third quarter valued at approximately $778,000.

Nuveen Short-Term REIT ETF Trading Up 0.0 %

Shares of NURE stock opened at $31.03 on Friday. The stock has a 50 day moving average of $32.49 and a 200 day moving average of $32.81. The stock has a market cap of $49.65 million, a P/E ratio of 25.43 and a beta of 0.94. Nuveen Short-Term REIT ETF has a twelve month low of $23.70 and a twelve month high of $27.25.

Nuveen Short-Term REIT ETF 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.