# EDGAR Filing Document

**Accession Number:** 0001635073
**File Stem:** 0001635073-25-000156
**Filing Date:** 2025-11
**Character Count:** 42123
**Document Hash:** 3a850049fb650e0d2d6eb5443418ab0e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001635073-25-000156.hdr.sgml**: 20251126

**ACCESSION NUMBER**: 0001635073-25-000156

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251126

**DATE AS OF CHANGE**: 20251126

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nushares ETF Trust
- **CENTRAL INDEX KEY:** 0001635073

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23161
- **FILM NUMBER:** 251526169

**BUSINESS ADDRESS:**
- **STREET 1:** 333 W. WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-917-8146

**MAIL ADDRESS:**
- **STREET 1:** 333 W. WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NuShares ETF Trust
- **DATE OF NAME CHANGE:** 20160614

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Nuveen ETF Trust
- **DATE OF NAME CHANGE:** 20150226

## Series and Classes Contracts Data

### Nuveen Short-Term REIT ETF (Series ID: S000055646)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000175155 | Nuveen Short-Term REIT ETF | NURE            |

## Nport-Ex

#### Portfolio of Investments September 30, 2025

#### NURE
Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

(Unaudited)

SHARES

DESCRIPTION

VALUE

LONG-TERM INVESTMENTS - 99.1%

REAL ESTATE INVESTMENT TRUST COMMON STOCKS - 99.1%

APARTMENTS - 47.4%

49,229

American Homes 4 Rent, Class A

$

1,636,864

41,433

&nbsp;&nbsp;&nbsp;&nbsp;(a) Apartment Investment and Management Co, Class A

328,564

8,719

AvalonBay Communities Inc

1,684,249

15,431

Camden Property Trust

1,647,722

5,302

Centerspace

312,288

25,504

Equity Residential

1,650,874

6,371

Essex Property Trust Inc

1,705,262

73,859

Independence Realty Trust Inc

1,210,549

55,971

Invitation Homes Inc

1,641,629

11,874

Mid-America Apartment Communities Inc

1,659,154

6,902

NexPoint Residential Trust Inc

222,382

43,982

UDR Inc

1,638,769

25,698

Veris Residential Inc

390,610

TOTAL APARTMENTS

15,728,916

DIVERSIFIED - 2.5%

27,896

Elme Communities

470,327

25,529

UMH Properties Inc

379,106

TOTAL DIVERSIFIED

849,433

HOTELS - 21.9%

69,738

Apple Hospitality REIT Inc

837,553

64,851

DiamondRock Hospitality Co

516,214

95,491

Host Hotels & Resorts Inc

1,625,257

63,256

Park Hotels & Resorts Inc

700,877

37,519

Pebblebrook Hotel Trust

427,341

47,197

RLJ Lodging Trust

339,818

16,703

Ryman Hospitality Properties Inc

1,496,422

49,563

Service Properties Trust

134,316

33,503

Summit Hotel Properties Inc

183,932

60,109

Sunstone Hotel Investors Inc

563,221

30,306

Xenia Hotels & Resorts Inc

415,798

TOTAL HOTELS

7,240,749

MANUFACTURED HOMES - 10.2%

27,814

Equity LifeStyle Properties Inc

1,688,310

13,081

Sun Communities Inc

1,687,449

TOTAL MANUFACTURED HOMES

3,375,759

SELF-STORAGE - 17.1%

41,250

CubeSmart

1,677,225

11,584

Extra Space Storage Inc

1,632,649

22,339

National Storage Affiliates Trust

675,085

5,818

Public Storage

1,680,529

TOTAL SELF-STORAGE

5,665,488

TOTAL REAL ESTATE INVESTMENT TRUST COMMON STOCKS

(Cost $43,799,338)

32,860,345

TOTAL LONG-TERM INVESTMENTS

(Cost $43,799,338)

32,860,345

OTHER ASSETS & LIABILITIES, NET - 0.9%

291,129

NET ASSETS - 100%

$

33,151,474

REIT

Real Estate Investment Trust

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

#### Portfolio of Investments September 30, 2025
(continued)

#### NURE

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

NURE

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Real Estate Investment Trust Common Stocks

$

32,860,345

$

–

$

–

$

32,860,345

Total

$

32,860,345

$

–

$

–

$

32,860,345

a

#### Portfolio of Investments September 30, 2025

#### NXUS
(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM INVESTMENTS - 98.4%

CORPORATE DEBT - 22.1%

FINANCIALS - 12.1%

$

72,000

(a) 407 International Inc

2.590 %

05/25/32

$

49,315

200,000

Aareal Bank AG

0.250 11/23/27

223,371

55,000

African Development Bank

2.875 03/23/28

65,543

80,000

Asian Infrastructure Investment Bank/The

3.000 02/14/28

95,515

100,000

CaixaBank SA

5.000 07/19/29

124,506

100,000

Deutsche Bank AG

5.375 01/11/29

124,082

60,000

European Financial Stability Facility

3.000 07/10/30

71,928

80,000

European Financial Stability Facility

2.875 05/28/31

95,095

31,000

European Investment Bank

2.250 08/14/28

36,445

35,000

European Investment Bank

0.000 09/28/28

38,497

65,000

European Investment Bank

3.300 05/25/29

42,052

110,000

European Investment Bank

4.550 06/02/33

72,420

100,000

European Investment Bank

2.875 06/18/35

116,559

100,000

Generali

4.250 12/14/47

120,407

75,000

Goldman Sachs Group Inc/The

3.125 07/25/29

95,522

48,000

(b) HSBC Bank Capital Funding Sterling 1 LP

5.844 N/A

67,477

70,000

International Bank for Reconstruction & Development

0.000 04/24/28

77,687

150,000

International Bank for Reconstruction & Development

2.900 02/14/34

176,239

137,000

International Development Association

0.750 09/21/28

167,419

200,000

Kreditanstalt fuer Wiederaufbau

0.000 09/17/30

208,232

80,000

Legal & General Finance PLC

5.875 12/11/31

113,996

200,000

Sumitomo Mitsui Financial Group Inc

0.303 10/28/27

224,969

2,600,000

Swedbank Hypotek AB

3.000 10/29/30

279,685

100,000

Talanx AG

2.250 12/05/47

115,379

180,000

Wells Fargo & Co

2.500 05/02/29

225,979

TOTAL FINANCIALS

3,028,319

INDUSTRIAL - 9.5%

100,000

Abertis Infraestructuras SA

1.125 03/26/28

113,051

68,000

Aegon Ltd

6.125 12/15/31

96,618

135,000

Autostrade per l'Italia SpA

1.625 01/25/28

155,142

150,000

BAT Netherlands Finance BV

3.125 04/07/28

178,644

175,000

Boston Scientific Corp

0.625 12/01/27

197,559

180,000

Comcast Corp

1.500 02/20/29

220,806

100,000

Credit Agricole Assurances SA

2.625 01/29/48

115,874

140,000

Dover Corp

0.750 11/04/27

158,380

125,000

Emirates Telecommunications Group Co PJSC

0.875 05/17/33

122,429

125,000

Highland Holdings Sarl

2.875 11/19/27

147,733

100,000

Imerys SA

1.875 03/31/28

114,919

400,000

Proximus SADP

0.750 11/17/36

357,972

100,000

RCI Banque SA

3.500 01/17/28

118,937

100,000

Volkswagen Bank GmbH

4.375 05/03/28

121,773

130,000

Wabtec Transportation Netherlands BV

1.250 12/03/27

148,077

TOTAL INDUSTRIAL

2,367,914

UTILITY - 0.5%

100,000

Neste Oyj

0.750 03/25/28

111,619

37,000

Ontario Power Generation Inc

2.977 09/13/29

26,378

TOTAL UTILITY

137,997

TOTAL CORPORATE DEBT

(Cost $5,559,522)

5,534,230

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

GOVERNMENT RELATED - 76.3%

GOVERNMENT AGENCY - 2.8%

70,000

(a) Canada Housing Trust No 1

2.650 12/15/28

50,302

60,000

(a) Canada Housing Trust No 1

4.250 12/15/28

45,234

45,000

(a) Canada Housing Trust No 1

3.700 06/15/29

33,482

45,000

(a) Canada Housing Trust No 1

2.450 12/15/31

31,312

#### Portfolio of Investments September 30, 2025
(continued)

#### NXUS

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

GOVERNMENT AGENCY

(continued)

$

95,000

(a) Canada Housing Trust No 1

3.550 %

09/15/32

$

70,147

122,000

(a) Canada Housing Trust No 1

3.650 06/15/33

90,342

150,000

(a) Canada Housing Trust No 1

4.250 03/15/34

115,262

40,000

Free and Hanseatic City of Hamburg

0.000 11/05/35

34,772

120,000

Housing New Zealand Ltd

2.247 10/05/26

69,318

90,000

Queensland Treasury Corp

2.000 08/22/33

49,198

100,000

Region Wallonne Belgium

3.500 03/15/43

106,771

TOTAL GOVERNMENT AGENCY

696,140

SOVEREIGN DEBT - 73.5%

45,000

Australia Government Bond

1.000 11/21/31

25,161

369,000

Australia Government Bond

1.250 05/21/32

206,241

75,000

Australia Government Bond

1.750 11/21/32

42,743

45,000

Australia Government Bond

4.500 04/21/33

30,668

71,000

Australia Government Bond

3.000 11/21/33

43,379

75,000

Australia Government Bond

1.750 06/21/51

26,477

10,000,000

Bonos de la Tesoreria de la Republica en pesos

6.100 04/01/56

10,949

70,000

Bulgaria Government International Bond

0.375 09/23/30

73,330

200,000

Bundesobligation

1.300 10/15/27

231,836

100,000

Bundesobligation

2.400 04/18/30

118,174

1,100,000

Bundesobligation

2.200 10/10/30

1,285,824

250,000

Bundesrepublik Deutschland Bundesanleihe

0.250 08/15/28

279,136

100,000

Bundesrepublik Deutschland Bundesanleihe

2.400 11/15/30

117,977

25,000

Bundesrepublik Deutschland Bundesanleihe

2.600 08/15/34

29,307

525,000

Bundesrepublik Deutschland Bundesanleihe

2.500 02/15/35

608,400

545,000

Bundesrepublik Deutschland Bundesanleihe

2.600 08/15/35

634,410

30,000

Bundesrepublik Deutschland Bundesanleihe

0.000 05/15/36

26,284

30,000

Bundesrepublik Deutschland Bundesanleihe

4.000 01/04/37

39,276

65,000

Bundesrepublik Deutschland Bundesanleihe

0.000 08/15/50

34,540

55,000

Bundesrepublik Deutschland Bundesanleihe

0.000 08/15/52

27,400

30,000

Bundesrepublik Deutschland Bundesanleihe

1.800 08/15/53

25,974

40,000

Bundesrepublik Deutschland Bundesanleihe

1.800 08/15/53

34,565

35,000

Bundesrepublik Deutschland Bundesanleihe

2.500 08/15/54

35,306

240,000

Bundesrepublik Deutschland Bundesanleihe

2.900 08/15/56

261,291

170,000

Canadian Government Bond

2.500 08/01/27

122,245

380,000

Canadian Government Bond

2.750 09/01/30

273,232

90,000

Canadian Government Bond

3.250 12/01/34

65,281

30,000

Canadian Government Bond

2.750 12/01/55

18,144

1,880,000

Czech Republic Government Bond

0.250 02/10/27

86,923

430,000

Czech Republic Government Bond

4.000 04/04/44

18,526

1,349,000

Denmark Government Bond

2.250 11/15/26

213,835

122,000

Denmark Government Bond

0.000 11/15/31

16,825

135,000

Denmark Government Bond

0.000 11/15/31

18,592

245,000

Denmark Government Bond

2.250 11/15/33

38,226

219,000

Denmark Government Bond

2.250 11/15/33

34,205

100,000

Denmark Government Bond

2.250 11/15/35

15,333

114,000

Denmark Government Bond

0.250 11/15/52

9,151

175,000

(a) Finland Government Bond

2.875 04/15/29

209,326

100,000

(a) Finland Government Bond

3.000 09/15/34

117,634

150,000

(a) French Republic Government Bond OAT

2.500 05/25/30

174,954

120,000

(a) French Republic Government Bond OAT

0.000 11/25/30

122,510

100,000

(a) French Republic Government Bond OAT

2.700 02/25/31

116,758

45,000

(a) French Republic Government Bond OAT

0.000 11/25/31

44,241

40,000

(a) French Republic Government Bond OAT

0.000 05/25/32

38,531

30,000

(a) French Republic Government Bond OAT

5.750 10/25/32

41,173

45,000

(a) French Republic Government Bond OAT

2.000 11/25/32

49,166

50,000

(a) French Republic Government Bond OAT

1.250 05/25/34

49,645

30,000

(a) French Republic Government Bond OAT

4.750 04/25/35

39,011

40,000

(a) French Republic Government Bond OAT

3.200 05/25/35

45,989

15,000

(a) French Republic Government Bond OAT

3.500 11/25/35

17,579

45,000

French Republic Government Bond OAT

1.250 05/05/36

42,073

85,000

(a) French Republic Government Bond OAT

1.250 05/25/38

74,817

50,000

(a) French Republic Government Bond OAT

1.750 06/25/39

46,032

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SOVEREIGN DEBT

(continued)

$

75,000

(a) French Republic Government Bond OAT

0.500 %

05/25/40

$

55,128

100,000

(a) French Republic Government Bond OAT

1.500 05/25/50

68,947

150,000

(a) French Republic Government Bond OAT

3.750 05/25/56

157,803

37,000

Government of Newfoundland and Labrador

2.850 06/02/29

26,622

12,270,000

Hungary Government Bond

9.500 10/21/26

38,170

10,780,000

Hungary Government Bond

3.000 04/25/41

20,085

60,000

Hungary Government International Bond

0.500 11/18/30

61,603

65,000

Ireland Government Bond

1.700 05/15/37

65,795

300,000

Israel Government Bond - Fixed

3.750 09/30/27

90,449

100,000

Israel Government Bond - Fixed

2.800 11/29/52

22,503

100,000

Italy Buoni Poliennali Del Tesoro

2.800 12/01/28

119,148

100,000

Italy Buoni Poliennali Del Tesoro

4.100 02/01/29

123,622

100,000

Italy Buoni Poliennali Del Tesoro

3.000 08/01/29

119,674

150,000

Italy Buoni Poliennali Del Tesoro

6.000 05/01/31

205,196

60,000

(a) Italy Buoni Poliennali Del Tesoro

1.650 03/01/32

65,083

60,000

Italy Buoni Poliennali Del Tesoro

2.500 12/01/32

67,772

20,000

(a) Italy Buoni Poliennali Del Tesoro

2.450 09/01/33

22,273

60,000

Italy Buoni Poliennali Del Tesoro

4.350 11/01/33

75,925

15,000

(a) Italy Buoni Poliennali Del Tesoro

2.250 09/01/36

15,543

90,000

(a) Italy Buoni Poliennali Del Tesoro

4.000 02/01/37

109,640

15,000

Italy Buoni Poliennali Del Tesoro

1.800 03/01/41

13,261

40,000

(a) Italy Buoni Poliennali Del Tesoro

4.750 09/01/44

51,109

50,000

(a) Italy Buoni Poliennali Del Tesoro

3.850 09/01/49

55,401

50,000

Italy Buoni Poliennali Del Tesoro

2.450 09/01/50

42,578

59,250,000

Japan Government Five Year Bond

1.000 12/20/29

398,187

53,250,000

Japan Government Five Year Bond

1.000 06/20/30

356,736

54,800,000

Japan Government Five Year Bond

1.100 06/20/30

368,804

57,050,000

Japan Government Ten Year Bond

0.100 09/20/30

365,080

50,000,000

Japan Government Thirty Year Bond

2.900 11/20/30

366,120

55,650,000

Japan Government Thirty Year Bond

2.200 09/20/39

380,836

58,300,000

Japan Government Thirty Year Bond

2.300 03/20/40

401,549

157,000,000

Japan Government Thirty Year Bond

0.800 06/20/47

732,978

57,750,000

Japan Government Twenty Year Bond

2.100 03/20/30

406,207

54,150,000

Japan Government Twenty Year Bond

1.600 06/20/30

372,848

45,550,000

Japan Government Twenty Year Bond

1.600 03/20/33

311,496

50,000

(a) Kingdom of Belgium Government Bond

0.900 06/22/29

55,661

15,000

(a) Kingdom of Belgium Government Bond

2.850 10/22/34

17,184

20,000

(a) Kingdom of Belgium Government Bond

5.000 03/28/35

26,959

15,000

(a) Kingdom of Belgium Government Bond

1.900 06/22/38

14,679

368,420,000

Korea Treasury Bond

2.125 06/10/27

260,853

231,420,000

Korea Treasury Bond

1.125 09/10/39

130,979

315,030,000

Korea Treasury Bond

2.750 09/10/45

219,212

100,000

Kuntarahoitus Oyj

0.050 09/10/35

87,009

20,000

Land Berlin

0.150 02/22/36

17,406

105,000

Land Berlin

0.625 08/25/36

94,737

1,807,000

Mexican Bonos

7.750 05/29/31

96,044

1,442,000

Mexican Bonos

8.000 07/31/53

68,395

35,000

(a) Netherlands Government Bond

2.500 07/15/35

39,863

40,000

(a) Netherlands Government Bond

4.000 01/15/37

51,622

55,000

(a) Netherlands Government Bond

0.000 01/15/38

44,465

45,000

(a) Netherlands Government Bond

3.750 01/15/42

56,424

95,000

(a) Netherlands Government Bond

0.000 01/15/52

47,059

130,000

(a) Netherlands Government Bond

2.000 01/15/54

114,200

126,000

New South Wales Treasury Corp

1.750 03/20/34

66,207

100,000

Peru Government Bond

6.850 02/12/42

29,624

31,000

Province of New Brunswick Canada

4.250 08/14/29

23,464

75,000

Province of Ontario Canada

2.700 06/02/29

53,825

43,000

Province of Ontario Canada

2.250 12/02/31

29,387

70,000

Province of Ontario Canada

3.750 06/02/32

51,968

57,000

Province of Ontario Canada

2.650 12/02/50

29,897

90,000

Province of Ontario Canada

4.600 12/02/55

66,458

88,000

Province of Quebec Canada

3.250 09/01/32

63,261

#### Portfolio of Investments September 30, 2025
(continued)

#### NXUS

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SOVEREIGN DEBT

(continued)

$

68,000

Province of Quebec Canada

3.100 %

12/01/51

$

38,542

96,000

Province of Quebec Canada

4.400 12/01/55

68,149

48,000

(a) Queensland Treasury Corp

1.500 08/20/32

26,240

39,000

Regional Municipality of York

2.650 04/18/29

27,898

50,000

(a) Republic of Austria Government Bond

0.500 02/20/29

55,342

25,000

(a) Republic of Austria Government Bond

2.900 02/20/33

29,606

25,000

(a) Republic of Austria Government Bond

2.900 02/20/34

29,375

25,000

(a) Republic of Austria Government Bond

3.150 06/20/44

27,943

20,000

(a) Republic of Austria Government Bond

3.150 10/20/53

21,198

566,000

Republic of Poland Government Bond

2.500 07/25/27

151,358

135,000

Republic of Poland Government Bond

4.000 04/25/47

30,061

90,000

Romania Government Bond

7.200 05/31/27

20,835

160,000

Romania Government Bond

4.250 04/28/36

28,868

85,000

Romanian Government International Bond

1.750 07/13/30

87,717

215,000

Saudi Government International Bond

3.375 03/05/32

255,068

58,000

Singapore Government Bond

2.750 03/01/46

50,824

200,000

Spain Government Bond

2.400 05/31/28

235,935

30,000

(a) Spain Government Bond

1.400 07/30/28

34,443

25,000

(a) Spain Government Bond

5.150 10/31/28

31,851

35,000

Spain Government Bond

6.000 01/31/29

45,948

30,000

(a) Spain Government Bond

1.450 04/30/29

34,162

34,000

Spain Government Bond

3.500 05/31/29

41,475

30,000

(a) Spain Government Bond

0.600 10/31/29

32,750

70,000

(a) Spain Government Bond

0.500 04/30/30

75,156

25,000

(a) Spain Government Bond

1.950 07/30/30

28,592

25,000

(a) Spain Government Bond

1.250 10/31/30

27,509

30,000

(a) Spain Government Bond

0.700 04/30/32

30,835

25,000

Spain Government Bond

5.750 07/30/32

34,669

70,000

(a) Spain Government Bond

2.550 10/31/32

80,551

30,000

(a) Spain Government Bond

2.350 07/30/33

33,733

30,000

(a) Spain Government Bond

3.550 10/31/33

36,562

30,000

(a) Spain Government Bond

3.250 04/30/34

35,664

30,000

(a) Spain Government Bond

3.450 10/31/34

36,098

30,000

(a) Spain Government Bond

3.150 04/30/35

35,114

30,000

(a) Spain Government Bond

1.850 07/30/35

31,279

30,000

(a) Spain Government Bond

4.200 01/31/37

37,957

30,000

(a) Spain Government Bond

0.850 07/30/37

26,442

25,000

(a) Spain Government Bond

3.900 07/30/39

30,335

30,000

(a) Spain Government Bond

1.200 10/31/40

25,275

25,000

(a) Spain Government Bond

4.700 07/30/41

32,873

30,000

(a) Spain Government Bond

1.000 07/30/42

23,279

30,000

(a) Spain Government Bond

2.900 10/31/46

30,431

30,000

(a) Spain Government Bond

2.700 10/31/48

28,818

35,000

(a) Spain Government Bond

1.000 10/31/50

22,062

20,000

(a) Spain Government Bond

4.000 10/31/54

23,145

20,000

(a) Spain Government Bond

3.450 07/30/66

20,168

100,000

State of Hesse

0.750 08/04/36

91,791

10,000

State of North Rhine-Westphalia Germany

0.000 10/12/35

8,689

50,000

State of North Rhine-Westphalia Germany

3.000 03/20/54

51,388

23,000

Swiss Confederation Government Bond

0.000 06/26/34

28,553

60,000

Swiss Confederation Government Bond

1.250 06/27/37

83,970

6,037,000

Thailand Government Bond

2.400 11/17/27

191,077

2,837,000

Thailand Government Bond

2.500 06/17/71

93,762

118,000

Treasury Corp of Victoria

2.250 09/15/33

65,610

110,000

United Kingdom Gilt

0.125 01/31/28

136,148

100,000

United Kingdom Gilt

4.375 03/07/28

135,733

150,000

United Kingdom Gilt

4.500 06/07/28

204,531

98,000

United Kingdom Gilt

1.625 10/22/28

123,497

114,000

United Kingdom Gilt

1.250 10/22/41

88,423

75,000

United Kingdom Gilt

4.500 12/07/42

92,145

55,000

United Kingdom Gilt

4.750 10/22/43

68,887

33,000

United Kingdom Gilt

3.250 01/22/44

33,506

Principal denominated in U.S. Dollars, unless otherwise noted.

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

SOVEREIGN DEBT

(continued)

$

25,000

United Kingdom Gilt

3.750 %

07/22/52

$

25,465

33,000

United Kingdom Gilt

3.750 10/22/53

33,256

40,000

United Kingdom Gilt

4.375 07/31/54

45,054

42,000

United Kingdom Gilt

4.250 12/07/55

46,254

24,000

United Kingdom Gilt

5.375 01/31/56

31,724

42,000

United Kingdom Gilt

1.750 07/22/57

25,081

37,000

United Kingdom Gilt

4.000 01/22/60

38,577

30,000

United Kingdom Gilt

4.000 10/22/63

30,886

30,000

United Kingdom Gilt

2.500 07/22/65

21,384

TOTAL SOVEREIGN DEBT

18,407,144

TOTAL GOVERNMENT RELATED

(Cost $19,118,447)

19,103,284

TOTAL LONG-TERM INVESTMENTS

(Cost $24,677,969)

24,637,514

OTHER ASSETS & LIABILITIES, NET - 1.6%

400,796

NET ASSETS - 100%

$

25,038,310

EUR

Euro

GBP

Pound Sterling

MXN

Mexican Peso

SGD

Singapore Dollar

(a) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid

and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers.

As of the end of the reporting period, the aggregate value of these securities is $3,816,594 or 15.5% of Total Investments.

(b) Perpetual security. Maturity date is not applicable.

Forward Foreign Currency Contracts

Currency

Purchased

Notional Amount

(Local Currency)

Currency

Sold

Notional Amount

(Local Currency)

Counterparty

Settlement

Date

Unrealized

Appreciation

(Depreciation)

$

431,686

AUD

284,738

ANZ Securities, Inc.

11/03/25

$

(1,499)

$

7,440,486

EUR

8,799,340

ANZ Securities, Inc.

11/03/25

$

38,818

$

223,822

GBP

302,003

ANZ Securities, Inc.

11/03/25

629

$

124,494

GBP

168,455

ANZ Securities, Inc.

11/03/25

824

$

6,242,981

THB

196,862

ANZ Securities, Inc.

11/03/25

3,682

$

3,132,435

THB

98,420

ANZ Securities, Inc.

11/03/25

1,491

$

661,565,589

JPY

4,497,759

ANZ Securities, Inc.

11/03/25

1,403

$

887,265

CAD

643,090

ANZ Securities, Inc.

11/03/25

4,349

$

1,255,803

EUR

1,485,301

Australia and New Zealand Banking Group

Limited

11/03/25

6,702

$

1,177,415

EUR

1,392,587

Australia and New Zealand Banking Group

Limited

11/03/25

6,284

$

1,631,369

EUR

1,919,028

Australia and New Zealand Banking Group

Limited

11/03/25

(1,767)

$

11,969

EUR

10,183

Australia and New Zealand Banking Group

Limited

11/03/25

$

865,294,315

KRW

614,034

Australia and New Zealand Banking Group

Limited

11/03/25

(3,694)

$

632,486

AUD

418,171

TD Bank Group

11/03/25

(1,210)

$

10,974,518

CLP

11,540

TD Bank Group

11/03/25

$

2,203,133

CZK

107,405

TD Bank Group

11/03/25

917

$

20,608,463

HUF

62,289

TD Bank Group

11/03/25

$

3,096,027

MXN

168,261

TD Bank Group

11/03/25

(7) $

103,812

PEN

29,594

TD Bank Group

11/03/25

(333) $

112,249

PLN

31,130

TD Bank Group

11/03/25

$

552,416

PLN

153,012

TD Bank Group

11/03/25

813

$

1,274,637

GBP

1,723,657

TD Bank Group

11/03/25

7,370

$

66,498

SGD

51,975

TD Bank Group

11/03/25

$

89,542

CHF

113,513

TD Bank Group

11/03/25

514

$

503,761

DKK

79,821

TD Bank Group

11/03/25

$

1,732,394

DKK

274,619

TD Bank Group

11/03/25

1,270

$

1,172,659

CAD

849,533

TD Bank Group

11/03/25

5,337

$

2,707,085

SEK

290,995

TD Bank Group

11/03/25

2,528

#### Portfolio of Investments September 30, 2025
(continued)

#### NXUS

Part F of Form N-PORT was prepared in accordance with U.S. generally accepted accounting principles ("U.S. GAAP") and in conformity with the

applicable rules and regulations of the U.S. Securities and Exchange Commission ("SEC") related to interim filings. Part F of Form N-PORT does not

include all information and footnotes required by U.S. GAAP for complete financial statements. Certain footnote disclosures normally included in

financial statements prepared in accordance with U.S. GAAP have been condensed or omitted from this report pursuant to the rules of the SEC. For

a full set of the Fund's notes to financial statements, please refer to the Fund's most recently filed annual or semi-annual report.

Fair Value Measurements

The Fund's investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Board of Directors/

Trustees. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an

independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy which is used to

maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements

for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs

are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about

the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the

circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit

spreads, etc.).

Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of

investments).

The following table summarizes the market value of the Fund's investments as of the end of the reporting period, based on the inputs used to value

them:

$

370,489

ILS

112,255

TD Bank Group

11/03/25

$

$

120,631

NZD

70,825

TD Bank Group

11/03/25

687

$

220,575

RON

51,077

TD Bank Group

11/03/25

ILS

370,489

$

112,276

TD Bank Group

11/03/25

$

(126) Total

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$76,424

Total unrealized appreciation on forward foreign currency contracts

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$85,060

Total unrealized depreciation on forward foreign currency contracts

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(8,636)

AUD

Australian Dollar

CAD

Canadian Dollar

CHF

Switzerland Franc

CLP

Chilean Peso

CZK

Czech Republic Koruna

DKK

Denmark Krone

EUR

Euro

GBP

Pound Sterling

HUF

Hungary Forint

ILS

Israeli New Shekel

JPY

Japanese Yen

KRW

South Korean Won

MXN

Mexican Peso

NZD

New Zealand Dollar

PEN

Peruvian Sol

PLN

Polish Zloty

RON

Romanian Leu

SEK

Swedish Krona

SGD

Singapore Dollar

THB

Thai Baht

NXUS

Level 1

Level 2

Level 3

Total

Long-Term Investments:

Corporate Debt

$

–

$

5,534,230

$

–

$

5,534,230

Government Related

–

19,103,284

–

19,103,284

Investments in Derivatives:

Forward Foreign Currency Contracts\*

–

76,424

–

76,424

Total

$

–

$

24,713,938

$

–

$

25,005,819

a

\*

Represents net unrealized appreciation (depreciation).

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** NuShares ETF Trust

- **b. Investment Company Act file number:** 811-23161

- **c. CIK number of Registrant:** 0001635073

- **d. LEI of Registrant:** 549300UWO63YZ5POLH71

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 333 W. Wacker Dr

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-917-7700

**Item A.2. Information about the Series.**

- **a. Name of Series:** Nuveen Short-Term REIT ETF

- **b. EDGAR series identifier (if any):** S000055646

- **c. LEI of Series:** 549300A0ZHE1IWA46A84

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $33162877.00

**Total Liabilities:** $11403.00

**Net Assets:** $33151474.00

**Cash Not Reported:** $85225.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000175155 | -4.11%               | -0.02%               | -2.63%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-108799.61              | $-1382999.69                               |
| Month 2  | $-227061.59              | $1944662.02                                |
| Month 3  | $-482531.26              | $-696691.01                                |

### Schedule of Portfolio Investments

| Name                                   | Title                                  | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UMH Properties Inc                     | UMH Properties Inc                     | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |     25529 | NS      | $379105.65    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                | Extra Space Storage Inc                | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11584 | NS      | $1632648.97   | 4.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunstone Hotel Investors Inc           | Sunstone Hotel Investors Inc           | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |     60109 | NS      | $563221.33    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                              | CubeSmart                              | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41250 | NS      | $1677225.00   | 5.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NexPoint Residential Trust Inc         | NexPoint Residential Trust Inc         | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               | CORP              | US        |      6902 | NS      | $222382.44    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts Inc             | Xenia Hotels & Resorts Inc             | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |     30306 | NS      | $415798.32    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage Affiliates Trust      | National Storage Affiliates Trust      | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               | CORP              | US        |     22339 | NS      | $675084.58    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc             | Apple Hospitality REIT Inc             | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |     69738 | NS      | $837553.38    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust Inc          | Independence Realty Trust Inc          | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |     73859 | NS      | $1210549.01   | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co             | DiamondRock Hospitality Co             | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |     64851 | NS      | $516213.96    | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts Inc              | Park Hotels & Resorts Inc              | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               | CORP              | US        |     63256 | NS      | $700876.48    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                   | Invitation Homes Inc                   | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     55971 | NS      | $1641629.43   | 4.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Properties Trust               | Service Properties Trust               | CUSIP: 81761L102<br>LEI: 529900IS770AG1K9QG27 | Long             | EC               | CORP              | US        |     49563 | NS      | $134315.73    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Apartment Investment and Management Co | Apartment Investment and Management Co | CUSIP: 03748R747<br>LEI: 549300O8FT5GJ4RU1D57 | Long             | EC               | CORP              | US        |     41433 | NS      | $328563.69    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                            | Centerspace                            | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |      5302 | NS      | $312287.80    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Host Hotels & Resorts Inc              | Host Hotels & Resorts Inc              | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |     95491 | NS      | $1625256.82   | 4.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Elme Communities                       | Elme Communities                       | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               | CORP              | US        |     27896 | NS      | $470326.56    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                | Pebblebrook Hotel Trust                | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |     37519 | NS      | $427341.41    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Hotel Properties Inc            | Summit Hotel Properties Inc            | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               | CORP              | US        |     33503 | NS      | $183931.47    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ Lodging Trust                      | RLJ Lodging Trust                      | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47197 | NS      | $339818.40    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities Inc              | AvalonBay Communities Inc              | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |      8719 | NS      | $1684249.23   | 5.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust Inc               | Essex Property Trust Inc               | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      6371 | NS      | $1705261.86   | 5.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                     | Equity Residential                     | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     25504 | NS      | $1650873.92   | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc        | Equity LifeStyle Properties Inc        | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     27814 | NS      | $1688309.80   | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities Inc  | Mid-America Apartment Communities Inc  | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     11874 | NS      | $1659154.02   | 5.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Communities Inc                    | Sun Communities Inc                    | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |     13081 | NS      | $1687449.00   | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                         | Public Storage                         | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |      5818 | NS      | $1680529.30   | 5.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                                | UDR Inc                                | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               | CORP              | US        |     43982 | NS      | $1638769.32   | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                  | Camden Property Trust                  | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     15431 | NS      | $1647722.18   | 4.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential Inc                  | Veris Residential Inc                  | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |     25698 | NS      | $390609.60    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties Inc       | Ryman Hospitality Properties Inc       | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     16703 | NS      | $1496421.77   | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                  | American Homes 4 Rent                  | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |     49229 | NS      | $1636864.25   | 4.94%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Nushares ETF Trust

**Signature:** Gina Spunder

**Name of Signer:** Gina Spunder

**Title:** Director, Fund Financial Reporting