SCHEDULE: Bank of New York Mellon Discloses 8.3% Stake in Nuveen ESG High Yield Corporate Bond ETF

The Bank of New York Mellon Corporation and its subsidiary BNY Mellon N.A. have filed an amended Schedule 13G, disclosing their beneficial ownership in the Nuveen ESG High Yield Corporate Bond ETF.

Summary

• The Bank of New York Mellon Corporation beneficially owns an aggregate of 364,125 shares of Nuveen ESG High Yield Corporate Bond ETF, representing 8.3% of the class.
• BNY Mellon N.A., a subsidiary of The Bank of New York Mellon Corporation, beneficially owns an aggregate of 263,642 shares of Nuveen ESG High Yield Corporate Bond ETF, representing 6.0% of the class.
• The Bank of New York Mellon Corporation holds sole voting power over 364,125 shares, no shared voting power, sole dispositive power over 264,218 shares, and shared dispositive power over 99,907 shares.
• BNY Mellon N.A. holds sole voting power over 263,642 shares, no shared voting power, sole dispositive power over 263,642 shares, and no shared dispositive power.
• All reported securities are beneficially owned by The Bank of New York Mellon Corporation and its direct or indirect subsidiaries in their various fiduciary capacities, meaning another entity is entitled to dividends or proceeds of sale.
• No single other person's interest in the reported securities exceeds 5%.

Sentiment

Score: 5

Explanation: The document is a factual, routine regulatory filing disclosing beneficial ownership, with no inherent positive or negative sentiment regarding the issuer's performance or the reporting entity's financial health.

Future Outlook

NA

Industry Context

This filing reflects routine disclosure of significant institutional ownership in an Exchange Traded Fund (ETF), common for large financial institutions like The Bank of New York Mellon Corporation that manage substantial assets across various investment vehicles. It indicates their continued role as a significant holder in the ESG high-yield corporate bond market segment.

Stakeholder Impact

• Investors and financial analysts gain transparency into the institutional ownership structure of the Nuveen ESG High Yield Corporate Bond ETF, specifically regarding the significant stake held by The Bank of New York Mellon Corporation and its subsidiaries.

Key Dates

Keywords

Nushares ETF Trust, Nuveen ESG High Yield Corporate Bond ETF, Bank of New York Mellon Corporation, BNY Mellon N.A., Schedule 13G, Beneficial Ownership, ETF, SEC Filing, Institutional Ownership, Corporate Bond