# EDGAR Filing Document

**Accession Number:** 0001635073
**File Stem:** 0001752724-23-070212
**Filing Date:** 2023-3
**Character Count:** 58988
**Document Hash:** c7ce673b868d2565fe2d2ae0d2602dda
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-070212.hdr.sgml**: 20230328

**ACCESSION NUMBER**: 0001752724-23-070212

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230328

**DATE AS OF CHANGE**: 20230328

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nushares ETF Trust
- **CENTRAL INDEX KEY:** 0001635073
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23161
- **FILM NUMBER:** 23770285

**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 Growth Opportunities ETF (Series ID: S000073535)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000230537 | Nuveen Growth Opportunities ETF | NUGO            |

## Nport-Ex

Nuveen

Dividend

Growth

ETF

(NDVG)

Portfolio

of

Investments

January

31,

2023

(Unaudited)

Shares

Description

(1) Value

LONG-TERM

INVESTMENTS

-

99.2%

X

7,724,719

COMMON

STOCKS

-

99.2%

X

7,724,719

Aerospace

&

Defense

-

1.3%

Northrop

Grumman

Corp

$

102,153

Total

Aerospace

&

Defense

102,153

Banks

-

2.8%

1,579

JPMorgan

Chase

&

Co

220,997

Total

Banks

220,997

Beverages

-

1.9%

873

PepsiCo

Inc

149,301

Total

Beverages

149,301

Biotechnology

-

2.5%

1,339

AbbVie

Inc

197,837

Total

Biotechnology

197,837

Building

Products

-

2.1%

928

Trane

Technologies

PLC

166,223

Total

Building

Products

166,223

Capital

Markets

-

3.1%

3,089

Charles

Schwab

Corp

239,150

Total

Capital

Markets

239,150

Chemicals

-

4.5%

1,110

International

Flavors

&

Fragrances

Inc

124,831

674

Linde

PLC

223,053

Total

Chemicals

347,884

Communications

Equipment

-

5.0%

3,036

Cisco

Systems

Inc

147,762

952

Motorola

Solutions

Inc

244,674

Total

Communications

Equipment

392,436

Consumer

Finance

-

2.5%

1,102

American

Express

Co

192,773

Total

Consumer

Finance

192,773

Containers

&

Packaging

-

1.3%

709

Packaging

Corp

of

America

101,174

Total

Containers

&

Packaging

101,174

Electric

Utilities

-

2.5%

2,584

NextEra

Energy

Inc

192,844

Total

Electric

Utilities

192,844

Electrical

Equipment

-

2.2%

1,052

Eaton

Corp

PLC

170,645

Total

Electrical

Equipment

170,645

Equity

Real

Estate

Investment

Trusts

(REITs)

-

2.9%

1,749

Prologis

Inc

226,111

Total

Equity

Real

Estate

Investment

Trusts

(REITs)

226,111

Nuveen

Dividend

Growth

ETF

(NDVG)

(continued)

Portfolio

of

Investments

January

31,

2023

(Unaudited)

Shares

Description

(1) Value

Food

&

Staples

Retailing

-

1.9%

1,026

Walmart

Inc

$

147,611

Total

Food

&

Staples

Retailing

147,611

Food

Products

-

1.8%

2,200

Mondelez

International

Inc,

Class

A

143,968

Total

Food

Products

143,968

Health

Care

Equipment

&

Supplies

-

1.7%

1,204

Abbott

Laboratories

133,102

Total

Health

Care

Equipment

&

Supplies

133,102

Health

Care

Providers

&

Services

-

5.9%

Elevance

Health

Inc

170,997

576

UnitedHealth

Group

Inc

287,533

Total

Health

Care

Providers

&

Services

458,530

Hotels,

Restaurants

&

Leisure

-

1.5%

McDonald's

Corp

118,993

Total

Hotels,

Restaurants

&

Leisure

118,993

Industrial

Conglomerates

-

2.2%

812

Honeywell

International

Inc

169,286

Total

Industrial

Conglomerates

169,286

Insurance

-

4.5%

735

Chubb

Ltd

167,205

1,055

Marsh

&

McLennan

Cos

Inc

184,530

Total

Insurance

351,735

IT

Services

-

7.3%

835

Accenture

PLC,

Class

A

233,007

1,713

Fidelity

National

Information

Services

Inc

128,543

548

Mastercard

Inc.,

Class

A

203,089

Total

IT

Services

564,639

Media

-

2.4%

4,841

Comcast

Corp,

Class

A

190,493

Total

Media

190,493

Multiline

Retail

-

1.9%

647

Dollar

General

Corp

151,139

Total

Multiline

Retail

151,139

Multi-Utilities

-

2.4%

2,025

WEC

Energy

Group

Inc

190,330

Total

Multi-Utilities

190,330

Oil,

Gas

&

Consumable

Fuels

-

4.5%

1,195

Chevron

Corp

207,954

1,382

Phillips

138,573

Total

Oil,

Gas

&

Consumable

Fuels

346,527

Road

&

Rail

-

2.1%

803

Union

Pacific

Corp

163,965

Total

Road

&

Rail

163,965

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

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

–

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:

Shares

Description

(1) Value

Semiconductors

&

Semiconductor

Equipment

-

5.9%

Broadcom

Inc

$

252,724

1,147

Texas

Instruments

Inc

203,260

Total

Semiconductors

&

Semiconductor

Equipment

455,984

Software

-

5.3%

1,664

Microsoft

Corp

412,356

Total

Software

412,356

Specialty

Retail

-

5.0%

946

Lowe's

Cos

Inc

197,004

2,303

TJX

Cos

Inc

188,524

Total

Specialty

Retail

385,528

Technology

Hardware,

Storage

&

Peripherals

-

6.3%

3,374

Apple

Inc

486,834

Total

Technology

Hardware,

Storage

&

Peripherals

486,834

Tobacco

-

2.0%

1,479

Philip

Morris

International

Inc

154,171

Total

Tobacco

154,171

Total

Long-Term

Investments

(cost

$7,687,655)

7,724,719

Other

Assets

&

Liabilities,

Net

-

0.8%

63,355

Net

Assets

-

100%

$

7,788,074

Level

Level

Level

Total

Long-Term

Investments:

Common

Stocks

$

7,724,719

$

–

$

–

$

7,724,719

Total

$

7,724,719

$

–

$

–

$

7,724,719

For

Fund

portfolio

compliance

purposes,

the

Fund's

industry

classifications

refer

to

any

one

or

more

of

the

industry

sub-classifications

used

by

one

or

more

widely

recognized

market

indexes

or

ratings

group

indexes,

and/or

as

defined

by

Fund

management.

This

definition

may

not

apply

for

purposes

of

this

report,

which

may

combine

industry

sub-classifications

into

sectors

for

reporting

ease.

(1) All

percentages

shown

in

the

Portfolio

of

Investments

are

based

on

net

assets.

Nuveen

Growth

Opportunities

ETF

(NUGO)

Portfolio

of

Investments

January

31,

2023

(Unaudited)

Shares

Description

(1) Value

LONG-TERM

INVESTMENTS

-

98.3%

X

2,213,649,795

COMMON

STOCKS

-

98.3%

X

2,213,649,795

Aerospace

&

Defense

-

2.4%

72,348

Boeing

Co/The

(2) $

15,410,124

389,324

Raytheon

Technologies

Corp

38,874,001

Total

Aerospace

&

Defense

54,284,125

Automobiles

-

1.6%

208,654

Tesla

Inc

(2) 36,143,046

Total

Automobiles

36,143,046

Beverages

-

1.3%

278,665

Monster

Beverage

Corp

(2) 29,003,453

Total

Beverages

29,003,453

Biotechnology

-

0.9%

193,481

Horizon

Therapeutics

Plc

(2) 21,228,735

Total

Biotechnology

21,228,735

Building

Products

-

1.3%

629,074

Carrier

Global

Corp

28,641,739

Total

Building

Products

28,641,739

Capital

Markets

-

1.3%

389,704

Charles

Schwab

Corp

30,170,884

Total

Capital

Markets

30,170,884

Chemicals

-

3.1%

602,353

Corteva

Inc

38,821,651

60,942

Linde

PLC

20,168,145

44,586

Sherwin-Williams

Co/The

10,548,602

Total

Chemicals

69,538,398

Communications

Equipment

-

1.3%

240,517

Arista

Networks

Inc

(2) 30,309,952

Total

Communications

Equipment

30,309,952

Equity

Real

Estate

Investment

Trusts

(REITs)

-

0.9%

85,575

American

Tower

Corp

19,116,599

Total

Equity

Real

Estate

Investment

Trusts

(REITs)

19,116,599

Food

&

Staples

Retailing

-

2.5%

112,086

Costco

Wholesale

Corp

57,291,638

Total

Food

&

Staples

Retailing

57,291,638

Health

Care

Equipment

&

Supplies

-

2.8%

393,084

Dexcom

Inc

(2) 42,095,366

89,174

Intuitive

Surgical

Inc

(2) 21,909,160

Total

Health

Care

Equipment

&

Supplies

64,004,526

Health

Care

Providers

&

Services

-

3.9%

81,524

Elevance

Health

Inc

40,761,185

93,424

UnitedHealth

Group

Inc

46,636,326

Total

Health

Care

Providers

&

Services

87,397,511

Shares

Description

(1) Value

Health

Care

Technology

-

1.1%

140,357

Veeva

Systems

Inc,

Class

A

(2) $

23,937,886

Total

Health

Care

Technology

23,937,886

Hotels,

Restaurants

&

Leisure

-

3.8%

8,798

Booking

Holdings

Inc

(2) 21,415,212

8,052

Chipotle

Mexican

Grill

Inc

(2) 13,256,652

873,472

Las

Vegas

Sands

Corp

(2) 51,534,848

Total

Hotels,

Restaurants

&

Leisure

86,206,712

Interactive

Media

&

Services

-

5.4%

942,017

Alphabet

Inc,

Class

A

(2) 93,108,961

163,061

Meta

Platforms

Inc

(2) 24,291,197

121,083

ZoomInfo

Technologies

Inc

(2) 3,418,173

Total

Interactive

Media

&

Services

120,818,331

Internet

&

Direct

Marketing

Retail

-

5.8%

185,249

Alibaba

Group

Holding

Ltd,

Sponsored

ADR

(2) 20,414,440

1,058,683

Amazon.com

Inc

(2) 109,181,978

Total

Internet

&

Direct

Marketing

Retail

129,596,418

IT

Services

-

7.7%

63,271

EPAM

Systems

Inc

(2) 21,047,098

389,825

Mastercard

Inc.,

Class

A

144,469,145

34,880

Visa

Inc,

Class

A

8,029,725

Total

IT

Services

173,545,968

Machinery

-

1.0%

55,352

Deere

&

Co

23,405,040

Total

Machinery

23,405,040

Oil,

Gas

&

Consumable

Fuels

-

3.8%

177,826

ConocoPhillips

21,671,655

483,866

EOG

Resources

Inc

63,991,278

Total

Oil,

Gas

&

Consumable

Fuels

85,662,933

Personal

Products

-

1.0%

82,754

Estee

Lauder

Cos

Inc/The,

Class

A

22,929,478

Total

Personal

Products

22,929,478

Pharmaceuticals

-

7.1%

588,387

AstraZeneca

PLC,

Sponsored

ADR

38,462,858

147,203

Bristol-Myers

Squibb

Co

10,694,298

190,530

Eli

Lilly

&

Co

65,570,899

131,952

Novo

Nordisk

A/S,

Sponsored

ADR

18,312,299

161,067

Zoetis

Inc

26,654,978

Total

Pharmaceuticals

159,695,332

Road

&

Rail

-

1.2%

135,361

Union

Pacific

Corp

27,639,363

Total

Road

&

Rail

27,639,363

Semiconductors

&

Semiconductor

Equipment

-

7.8%

81,521

Broadcom

Inc

47,690,600

61,891

Lam

Research

Corp

30,951,689

63,588

Monolithic

Power

Systems

Inc

27,124,098

357,251

NVIDIA

Corp

69,796,128

Total

Semiconductors

&

Semiconductor

Equipment

175,562,515

Nuveen

Growth

Opportunities

ETF

(NUGO)

(continued)

Portfolio

of

Investments

January

31,

2023

(Unaudited)

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

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

–

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:

Shares

Description

(1) Value

Software

-

18.4%

640

Atlassian

Corp

Ltd,

Class

A

(2) $

103,437

44,229

Atlassian

Corp

PLC,

Class

A

(2) 7,148,291

54,646

Crowdstrike

Holdings

Inc,

Class

A

(2) 5,787,011

62,493

Intuit

Inc

26,413,916

1,017,264

Microsoft

Corp

252,088,192

256,981

Palo

Alto

Networks

Inc

(2) 40,767,466

40,493

Salesforce

Inc

(2) 6,801,609

66,885

ServiceNow

Inc

(2) 30,441,370

95,400

Synopsys

Inc

(2) 33,747,750

84,962

Zscaler

Inc

(2) 10,548,882

Total

Software

413,847,924

Specialty

Retail

-

1.1%

103,744

Burlington

Stores

Inc

(2) 23,843,484

Total

Specialty

Retail

23,843,484

Technology

Hardware,

Storage

&

Peripherals

-

8.6%

1,342,570

Apple

Inc

193,719,425

Total

Technology

Hardware,

Storage

&

Peripherals

193,719,425

Textiles,

Apparel

&

Luxury

Goods

-

1.2%

205,045

NIKE

Inc,

Class

B

26,108,380

Total

Textiles,

Apparel

&

Luxury

Goods

26,108,380

Total

Long-Term

Investments

(cost

$2,499,170,283)

2,213,649,795

Other

Assets

&

Liabilities,

Net

-

1.7%

38,335,721

Net

Assets

-

100%

$

2,251,985,516

Level

Level

Level

Total

Long-Term

Investments:

Common

Stocks

$

2,213,649,795

$

–

$

–

$

2,213,649,795

Total

$

2,213,649,795

$

–

$

–

$

2,213,649,795

For

Fund

portfolio

compliance

purposes,

the

Fund's

industry

classifications

refer

to

any

one

or

more

of

the

industry

sub-classifications

used

by

one

or

more

widely

recognized

market

indexes

or

ratings

group

indexes,

and/or

as

defined

by

Fund

management.

This

definition

may

not

apply

for

purposes

of

this

report,

which

may

combine

industry

sub-classifications

into

sectors

for

reporting

ease.

(1) All

percentages

shown

in

the

Portfolio

of

Investments

are

based

on

net

assets.

(2) Non-income

producing;

issuer

has

not

declared

an

ex-dividend

date

within

the

past

twelve

months.

ADR

American

Depositary

Receipt

Nuveen

Small

Cap

Select

ETF

(NSCS)

Portfolio

of

Investments

January

31,

2023

(Unaudited)

Shares

Description

(1) Value

LONG-TERM

INVESTMENTS

-

98.5%

X

5,751,378

COMMON

STOCKS

-

97.4%

X

5,751,378

Aerospace

&

Defense

-

1.2%

6,251

Kratos

Defense

&

Security

Solutions

Inc

(2) $

71,574

Total

Aerospace

&

Defense

71,574

Auto

Components

-

1.2%

4,066

Dana

Inc

73,757

Total

Auto

Components

73,757

Banks

-

9.4%

1,635

Banner

Corp

105,997

3,574

Home

BancShares

Inc/AR

85,311

767

Pinnacle

Financial

Partners

Inc

60,386

846

Preferred

Bank/Los

Angeles

CA

60,176

895

SouthState

Corp

71,242

2,033

Veritex

Holdings

Inc

57,229

1,286

Wintrust

Financial

Corp

117,631

Total

Banks

557,972

Beverages

-

2.3%

805

MGP

Ingredients

Inc

78,519

3,652

Primo

Water

Corp

57,154

Total

Beverages

135,673

Biotechnology

-

2.5%

Apellis

Pharmaceuticals

Inc

(2) 15,872

Cytokinetics

Inc

(2) 15,930

925

Halozyme

Therapeutics

Inc

(2) 47,887

Intellia

Therapeutics

Inc

(2) 16,000

751

IVERIC

bio

Inc

(2) 17,348

Karuna

Therapeutics

Inc

(2) 18,145

Prometheus

Biosciences

Inc

(2) 14,889

Total

Biotechnology

146,071

Building

Products

-

1.1%

722

Masonite

International

Corp

(2) 65,861

Total

Building

Products

65,861

Capital

Markets

-

2.9%

699

Evercore

Inc

90,737

557

Piper

Sandler

Cos

79,150

Total

Capital

Markets

169,887

Chemicals

-

1.3%

1,934

Avient

Corp

78,366

Total

Chemicals

78,366

Construction

&

Engineering

-

3.8%

1,314

Arcosa

Inc

77,881

705

Comfort

Systems

USA

Inc

85,333

604

MYR

Group

Inc

(2) 59,832

Total

Construction

&

Engineering

223,046

Shares

Description

(1) Value

Construction

Materials

-

1.5%

2,688

Summit

Materials

Inc,

Class

A

(2) $

88,328

Total

Construction

Materials

88,328

Containers

&

Packaging

-

1.4%

1,544

Silgan

Holdings

Inc

83,206

Total

Containers

&

Packaging

83,206

Diversified

Consumer

Services

-

1.3%

3,283

PowerSchool

Holdings

Inc,

Class

A

(2) 73,933

Total

Diversified

Consumer

Services

73,933

Electrical

Equipment

-

1.6%

3,833

Bloom

Energy

Corp,

Class

A

(2) 95,557

Total

Electrical

Equipment

95,557

Electronic

Equipment,

Instruments

&

Components

-

1.1%

4,081

TTM

Technologies

Inc

(2) 64,153

Total

Electronic

Equipment,

Instruments

&

Components

64,153

Equity

Real

Estate

Investment

Trusts

(REITs)

-

4.0%

2,002

Brandywine

Realty

Trust

13,133

501

EastGroup

Properties

Inc

84,293

2,275

STAG

Industrial

Inc

80,990

6,891

Summit

Hotel

Properties

Inc

58,712

Total

Equity

Real

Estate

Investment

Trusts

(REITs)

237,128

Gas

Utilities

-

1.3%

1,069

Spire

Inc

77,203

Total

Gas

Utilities

77,203

Health

Care

Equipment

&

Supplies

-

3.8%

1,379

AtriCure

Inc

(2) 59,683

1,143

Axonics

Inc

(2) 70,180

718

Establishment

Labs

Holdings

Inc

(2),(3)

48,853

1,077

Tandem

Diabetes

Care

Inc

(2) 43,877

Total

Health

Care

Equipment

&

Supplies

222,593

Health

Care

Providers

&

Services

-

7.0%

1,278

Encompass

Health

Corp

79,811

1,268

HealthEquity

Inc

(2) 77,158

2,547

Option

Care

Health

Inc

(2) 73,532

1,738

Progyny

Inc

(2) 59,770

1,920

Select

Medical

Holdings

Corp

55,814

1,283

Tenet

Healthcare

Corp

(2) 70,372

Total

Health

Care

Providers

&

Services

416,457

Hotels,

Restaurants

&

Leisure

-

2.8%

3,738

Everi

Holdings

Inc

(2) 64,929

977

Texas

Roadhouse

Inc

98,120

Total

Hotels,

Restaurants

&

Leisure

163,049

Insurance

-

1.3%

Primerica

Inc

77,155

Total

Insurance

77,155

Interactive

Media

&

Services

-

1.3%

826

Ziff

Davis

Inc

(2) 73,910

Total

Interactive

Media

&

Services

73,910

Nuveen

Small

Cap

Select

ETF

(NSCS)

(continued)

Portfolio

of

Investments

January

31,

2023

(Unaudited)

Shares

Description

(1) Value

IT

Services

-

1.1%

4,090

Verra

Mobility

Corp

(2) $

63,109

Total

IT

Services

63,109

Leisure

Products

-

1.4%

3,375

Topgolf

Callaway

Brands

Corp

(2) 82,654

Total

Leisure

Products

82,654

Machinery

-

4.5%

817

EnPro

Industries

Inc

98,914

747

ESCO

Technologies

Inc

73,535

1,231

SPX

Technologies

Inc

(2) 92,337

Total

Machinery

264,786

Marine

-

1.6%

1,308

Kirby

Corp

(2) 92,580

Total

Marine

92,580

Media

-

1.2%

6,097

Magnite

Inc

(2) 73,652

Total

Media

73,652

Metals

&

Mining

-

1.4%

3,309

Lithium

Americas

Corp

(2),(3)

83,486

Total

Metals

&

Mining

83,486

Mortgage

Real

Estate

Investment

Trusts

(REITs)

-

1.0%

5,505

Ladder

Capital

Corp

61,656

Total

Mortgage

Real

Estate

Investment

Trusts

(REITs)

61,656

Multiline

Retail

-

1.3%

1,456

Ollie's

Bargain

Outlet

Holdings

Inc

(2) 79,731

Total

Multiline

Retail

79,731

Multi-Utilities

-

1.8%

1,448

Black

Hills

Corp

104,806

Total

Multi-Utilities

104,806

Oil,

Gas

&

Consumable

Fuels

-

7.0%

2,534

Delek

US

Holdings

Inc

67,810

1,741

Matador

Resources

Co

115,184

3,400

Northern

Oil

and

Gas

Inc

113,968

2,564

Peabody

Energy

Corp

(2) 71,510

4,256

Permian

Resources

Corp

46,263

Total

Oil,

Gas

&

Consumable

Fuels

414,735

Personal

Products

-

1.9%

3,897

BellRing

Brands

Inc

(2) 110,519

Total

Personal

Products

110,519

Pharmaceuticals

-

2.1%

507

Amylyx

Pharmaceuticals

Inc

(2) 19,869

Intra-Cellular

Therapies

Inc

(2) 15,766

987

Prestige

Consumer

Healthcare

Inc

(2) 64,905

Ventyx

Biosciences

Inc

(2) 20,706

Total

Pharmaceuticals

121,246

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/

Shares

Description

(1) Value

Professional

Services

-

2.4%

841

ASGN

Inc

(2) $

76,489

656

ICF

International

Inc

67,037

Total

Professional

Services

143,526

Semiconductors

&

Semiconductor

Equipment

-

4.6%

551

Impinj

Inc

(2) 71,509

837

Lattice

Semiconductor

Corp

(2) 63,436

976

MACOM

Technology

Solutions

Holdings

Inc

(2) 65,411

Silicon

Laboratories

Inc

(2) 69,825

Total

Semiconductors

&

Semiconductor

Equipment

270,181

Software

-

5.1%

1,143

CommVault

Systems

Inc

(2) 71,129

CyberArk

Software

Ltd

(2) 60,297

1,271

Sprout

Social

Inc,

Class

A

(2) 81,306

997

Workiva

Inc

(2) 86,270

Total

Software

299,002

Specialty

Retail

-

2.2%

1,104

Boot

Barn

Holdings

Inc

(2) 92,173

844

Children's

Place

Inc/The

(2) 38,292

Total

Specialty

Retail

130,465

Textiles,

Apparel

&

Luxury

Goods

-

1.4%

2,376

Steven

Madden

Ltd

85,180

Total

Textiles,

Apparel

&

Luxury

Goods

85,180

Trading

Companies

&

Distributors

-

1.3%

525

Applied

Industrial

Technologies

Inc

75,185

Total

Trading

Companies

&

Distributors

75,185

Total

Common

Stocks

(cost

$5,456,495)

5,751,378

Shares

Description

(1) Value

X

67,831

EXCHANGE-TRADED

FUNDS

-

1.1%

X

67,831

763

SPDR

S&P

Biotech

ETF

(2),(3)

$

67,831

Total

Exchange-Traded

Funds

(cost

$62,145)

67,831

Total

Long-Term

Investments

(cost

$5,518,640)

5,819,209

Shares

Description

(1) Coupon

Value

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

&nbsp;&nbsp;&nbsp;&nbsp;2.5%

144,022

MONEY

MARKET

FUNDS

-

2.5%

X

144,022

144,022

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

(4) 4.350%(5)

$

144,022

Total

Investments

Purchased

with

Collateral

from

Securities

Lending

(cost

$144,022)

$

144,022

Total

Investments

(cost

$

5,662,662)

-

.0

%

5,963,231

Other

Assets

&

Liabilities,

Net

-

(1.0)%

(56,762)

Net

Assets

-

100%

$

5,906,469

Nuveen

Small

Cap

Select

ETF

(NSCS)

(continued)

Portfolio

of

Investments

January

31,

2023

(Unaudited)

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

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

–

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:

Level

Level

Level

Total

Long-Term

Investments:

Common

Stocks

$

5,751,378

$

–

$

–

$

5,751,378

Exchange-Traded

Funds

67,831

–

–

67,831

Investments

Purchased

with

Collateral

from

Securities

Lending

144,022

–

–

144,022

Total

$

5,963,231

$

–

$

–

$

5,963,231

For

Fund

portfolio

compliance

purposes,

the

Fund's

industry

classifications

refer

to

any

one

or

more

of

the

industry

sub-classifications

used

by

one

or

more

widely

recognized

market

indexes

or

ratings

group

indexes,

and/or

as

defined

by

Fund

management.

This

definition

may

not

apply

for

purposes

of

this

report,

which

may

combine

industry

sub-classifications

into

sectors

for

reporting

ease.

(1) All

percentages

shown

in

the

Portfolio

of

Investments

are

based

on

net

assets.

(2) Non-income

producing;

issuer

has

not

declared

an

ex-dividend

date

within

the

past

twelve

months.

(3) Investment,

or

a

portion

of

investment,

is

out

on

loan

for

securities

lending.

The

total

value

of

the

securities

out

on

loan

as

of

the

end

of

the

reporting

period

was

$150,052.

(4) The

Fund

may

loan

securities

representing

up

to

one

third

of

the

market

value

of

its

total

assets

(which

includes

collateral

for

securities

on

loan)

to

broker

dealers,

banks,

and

other

institutions.

The

collateral

maintained

by

the

Fund

shall

have

a

market

value,

at

the

inception

of

each

loan,

equal

to

not

less

than

100%

of

the

market

value

of

the

loaned

securities.

The

cash

collateral

received

by

the

Fund

is

invested

in

this

money

market

fund.

(5) The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

ETF

Exchange-Traded

Fund

S&P

Standard

&

Poor's

SPDR

Standard

&

Poor's

Depositary

Receipt

Nuveen

Winslow

Large-Cap

Growth

ESG

ETF

(NWLG)

Portfolio

of

Investments

January

31,

2023

(Unaudited)

Shares

Description

(1) Value

LONG-TERM

INVESTMENTS

-

99.3%

X

4,865,992

COMMON

STOCKS

-

99.3%

X

4,865,992

Auto

Components

-

1.0%

Aptiv

PLC

(2) $

50,890

Total

Auto

Components

50,890

Capital

Markets

-

5.1%

Moody's

Corp

100,375

694

Morgan

Stanley

67,547

MSCI

Inc

83,987

Total

Capital

Markets

251,909

Chemicals

-

2.6%

Linde

PLC

126,419

Total

Chemicals

126,419

Food

&

Staples

Retailing

-

3.2%

Costco

Wholesale

Corp

154,364

Total

Food

&

Staples

Retailing

154,364

Health

Care

Equipment

&

Supplies

-

4.7%

IDEXX

Laboratories

Inc

(2) 94,659

547

Intuitive

Surgical

Inc

(2) 134,392

Total

Health

Care

Equipment

&

Supplies

229,051

Health

Care

Providers

&

Services

-

4.1%

UnitedHealth

Group

Inc

201,673

Total

Health

Care

Providers

&

Services

201,673

Health

Care

Technology

-

1.7%

Veeva

Systems

Inc,

Class

A

(2) 84,422

Total

Health

Care

Technology

84,422

Hotels,

Restaurants

&

Leisure

-

7.5%

Chipotle

Mexican

Grill

Inc

(2) 141,589

860

Hilton

Worldwide

Holdings

Inc

124,777

926

Starbucks

Corp

101,064

Total

Hotels,

Restaurants

&

Leisure

367,430

Interactive

Media

&

Services

-

3.7%

954

Alphabet

Inc,

Class

A

(2) 94,293

870

Alphabet

Inc,

Class

C

(2) 86,887

Total

Interactive

Media

&

Services

181,180

IT

Services

-

11.1%

Accenture

PLC,

Class

A

71,158

Gartner

Inc

(2) 79,125

Mastercard

Inc.,

Class

A

181,594

922

Visa

Inc,

Class

A

212,253

Total

IT

Services

544,130

Nuveen

Winslow

Large-Cap

Growth

ESG

ETF

(NWLG)

(continued)

Portfolio

of

Investments

January

31,

2023

(Unaudited)

Shares

Description

(1) Value

Life

Sciences

Tools

&

Services

-

7.0%

944

Agilent

Technologies

Inc

$

143,564

Danaher

Corp

107,338

IQVIA

Holdings

Inc

(2) 93,599

Total

Life

Sciences

Tools

&

Services

344,501

Machinery

-

2.9%

Deere

&

Co

107,824

7,109

Proterra

Inc

(2),(3)

36,256

Total

Machinery

144,080

Multiline

Retail

-

2.0%

649

Dollar

Tree

Inc

(2) 97,467

Total

Multiline

Retail

97,467

Personal

Products

-

1.6%

Estee

Lauder

Cos

Inc/The,

Class

A

77,305

Total

Personal

Products

77,305

Pharmaceuticals

-

3.3%

1,141

AstraZeneca

PLC,

Sponsored

ADR

74,587

527

Zoetis

Inc

87,213

Total

Pharmaceuticals

161,800

Road

&

Rail

-

2.6%

4,028

CSX

Corp

124,546

Total

Road

&

Rail

124,546

Semiconductors

&

Semiconductor

Equipment

-

10.9%

685

Analog

Devices

Inc

117,457

ASML

Holding

NV

189,661

Lam

Research

Corp

99,020

651

NVIDIA

Corp

127,186

Total

Semiconductors

&

Semiconductor

Equipment

533,324

Software

-

17.4%

Adobe

Inc

(2) 55,921

Intuit

Inc

156,811

1,477

Microsoft

Corp

366,015

604

Palo

Alto

Networks

Inc

(2) 95,819

ServiceNow

Inc

(2) 178,411

Total

Software

852,977

Technology

Hardware,

Storage

&

Peripherals

-

5.2%

1,757

Apple

Inc

253,518

Total

Technology

Hardware,

Storage

&

Peripherals

253,518

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

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

–

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:

Shares

Description

(1) Value

Textiles,

Apparel

&

Luxury

Goods

-

1.7%

Lululemon

Athletica

Inc

(2) $

85,006

Total

Textiles,

Apparel

&

Luxury

Goods

85,006

Total

Long-Term

Investments

(cost

$5,159,738)

4,865,992

Shares

Description

(1) Coupon

Value

INVESTMENTS

PURCHASED

WITH

COLLATERAL

FROM

SECURITIES

LENDING

-

&nbsp;&nbsp;&nbsp;&nbsp;0.5%

X

25,772

MONEY

MARKET

FUNDS

-

0.5%

X

25,772

25,772

State

Street

Navigator

Securities

Lending

Government

Money

Market

Portfolio

(4) 4.350%(5)

$

25,772

Total

Investments

Purchased

with

Collateral

from

Securities

Lending

(cost

$25,772)

$

25,772

Total

Investments

(cost

$

5,185,510)

-

.8

%

4,891,764

Other

Assets

&

Liabilities,

Net

-

0.2%

11,374

Net

Assets

-

100%

$

4,903,138

Level

Level

Level

Total

Long-Term

Investments:

Common

Stocks

$

4,865,992

$

–

$

–

$

4,865,992

Investments

Purchased

with

Collateral

from

Securities

Lending

25,772

–

–

25,772

Total

$

4,891,764

$

–

$

–

$

4,891,764

For

Fund

portfolio

compliance

purposes,

the

Fund's

industry

classifications

refer

to

any

one

or

more

of

the

industry

sub-classifications

used

by

one

or

more

widely

recognized

market

indexes

or

ratings

group

indexes,

and/or

as

defined

by

Fund

management.

This

definition

may

not

apply

for

purposes

of

this

report,

which

may

combine

industry

sub-classifications

into

sectors

for

reporting

ease.

(1) All

percentages

shown

in

the

Portfolio

of

Investments

are

based

on

net

assets.

(2) Non-income

producing;

issuer

has

not

declared

an

ex-dividend

date

within

the

past

twelve

months.

(3) Investment,

or

a

portion

of

investment,

is

out

on

loan

for

securities

lending.

The

total

value

of

the

securities

out

on

loan

as

of

the

end

of

the

reporting

period

was

$24,954.

(4) The

Fund

may

loan

securities

representing

up

to

one

third

of

the

market

value

of

its

total

assets

(which

includes

collateral

for

securities

on

loan)

to

broker

dealers,

banks,

and

other

institutions.

The

collateral

maintained

by

the

Fund

shall

have

a

market

value,

at

the

inception

of

each

loan,

equal

to

not

less

than

100%

of

the

market

value

of

the

loaned

securities.

The

cash

collateral

received

by

the

Fund

is

invested

in

this

money

market

fund.

(5) The

rate

shown

is

the

one-day

yield

as

of

the

end

of

the

reporting

period.

ADR

American

Depositary

Receipt

## 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 Growth Opportunities ETF

- **b. EDGAR series identifier (if any):** S000073535

- **c. LEI of Series:** 549300XDBSCM6Y68TP61

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

- **a. Date of fiscal year-end:** 2023-10-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $2266134363.00

**Total Liabilities:** $14190808.00

**Net Assets:** $2251943555.00

**Cash Not Reported:** $38186507.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000230537 | 5.00%                | -6.94%               | 7.21%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-49351784.92            | $154010824.68                              |
| Month 2  | $-21446419.92            | $-134006108.23                             |
| Month 3  | $-37035277.27            | $188395433.68                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Salesforce Inc               | Salesforce Inc               | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     40493 | NS      | $6801609.21   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                     | Visa Inc                     | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     34880 | NS      | $8029724.80   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys Inc                 | Synopsys Inc                 | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     95400 | NS      | $33747750.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Elevance Health Inc          | Elevance Health Inc          | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     81524 | NS      | $40761184.76  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co               | Eli Lilly & Co               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    190530 | NS      | $65570899.50  | 2.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp/The      | Charles Schwab Corp/The      | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    389704 | NS      | $30170883.68  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                   | Deere & Co                   | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     55352 | NS      | $23405039.68  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp               | Microsoft Corp               | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   1017264 | NS      | $252088191.84 | 11.19%            |  |  |  | No            |                  1 | On Loan: No      |
| Las Vegas Sands Corp         | Las Vegas Sands Corp         | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |    873472 | NS      | $51534848.00  | 2.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips               | ConocoPhillips               | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    177826 | NS      | $21671654.62  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca PLC              | AstraZeneca PLC              | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    588387 | NS      | $38462858.19  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp          | American Tower Corp          | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     85575 | NS      | $19116599.25  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp        | Costco Wholesale Corp        | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |    112086 | NS      | $57291638.04  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Burlington Stores Inc        | Burlington Stores Inc        | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |     97761 | NS      | $22468410.63  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Raytheon Technologies Corp   | Raytheon Technologies Corp   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    389324 | NS      | $38874001.40  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems Inc | Monolithic Power Systems Inc | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     63588 | NS      | $27124097.28  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp            | Lam Research Corp            | CUSIP: 512807108<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |     61891 | NS      | $30951689.10  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd    | Alibaba Group Holding Ltd    | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | CN        |    185249 | NS      | $20414439.80  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Therapeutics Plc     | Horizon Therapeutics Plc     | CUSIP: G46188101<br>LEI: 529900P0GSQ79OOZEV53 | Long             | EC               | CORP              | US        |    193481 | NS      | $21228735.32  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow Inc               | ServiceNow Inc               | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     66885 | NS      | $30441370.05  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos Inc/The     | Estee Lauder Cos Inc/The     | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |     82754 | NS      | $22929478.32  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla Inc                    | Tesla Inc                    | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |    208654 | NS      | $36143045.88  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| NIKE Inc                     | NIKE Inc                     | CUSIP: 654106103<br>LEI: 787RXPR0UX0O0XUXPZ81 | Long             | EC               | CORP              | US        |    205045 | NS      | $26108379.85  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ZoomInfo Technologies Inc    | ZoomInfo Technologies Inc    | CUSIP: 98980F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121083 | NS      | $3418173.09   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp Ltd           | Atlassian Corp PLC           | CUSIP: 049468101<br>LEI: 549300AGBII4MWBVJY22 | Long             | EC               | CORP              | US        |     44229 | NS      | $7148290.98   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit Inc                   | Intuit Inc                   | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     62493 | NS      | $26413916.31  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks Inc       | Palo Alto Networks Inc       | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    256981 | NS      | $40767465.84  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp        | Monster Beverage Corp        | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |    278665 | NS      | $29003453.20  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical Inc       | Intuitive Surgical Inc       | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |     89174 | NS      | $21909160.06  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                    | Linde PLC                    | CUSIP: G5494J103<br>LEI: 8945002PAZHZLBGKGF02 | Long             | EC               | CORP              | US        |     60942 | NS      | $20168145.48  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom Inc                   | Dexcom Inc                   | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |    393084 | NS      | $42095365.56  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com Inc               | Amazon.com Inc               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   1058683 | NS      | $109181977.79 | 4.85%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc       | UnitedHealth Group Inc       | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     93424 | NS      | $46636326.56  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                 | Broadcom Inc                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     81521 | NS      | $47690600.21  | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Novo Nordisk A/S             | Novo Nordisk A/S             | CUSIP: 670100205<br>LEI: 549300DAQ1CVT6CXN342 | Long             | EC               | CORP              | DK        |    131952 | NS      | $18312298.56  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Chipotle Mexican Grill Inc   | Chipotle Mexican Grill Inc   | CUSIP: 169656105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8052 | NS      | $13256651.76  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co/The                | Boeing Co/The                | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     72348 | NS      | $15410124.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp                  | NVIDIA Corp                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    357251 | NS      | $69796127.87  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc             | EPAM Systems Inc             | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |     63271 | NS      | $21047098.15  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources Inc            | EOG Resources Inc            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    483866 | NS      | $63991278.50  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp          | Carrier Global Corp          | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |    629074 | NS      | $28641739.22  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings Inc     | Crowdstrike Holdings Inc     | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     54646 | NS      | $5787011.40   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc               | Mastercard Inc               | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    389825 | NS      | $144469145.00 | 6.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp           | Union Pacific Corp           | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    135361 | NS      | $27639362.59  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                 | Alphabet Inc                 | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    942017 | NS      | $93108960.28  | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Zscaler Inc                  | Zscaler Inc                  | CUSIP: 98980G102<br>LEI: 529900MZ0RTK1BWRNF46 | Long             | EC               | CORP              | US        |     84962 | NS      | $10548881.92  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                    | Apple Inc                    | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   1342570 | NS      | $193719425.30 | 8.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlassian Corp Ltd           | Atlassian Corp Ltd           | CUSIP: G06242104<br>LEI: 549300AGBII4MWBVJY22 | Long             | EC               | CORP              | US        |       640 | NS      | $103436.80    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co      | Bristol-Myers Squibb Co      | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    147203 | NS      | $10694297.95  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings Inc         | Booking Holdings Inc         | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |      8798 | NS      | $21415211.80  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoetis Inc                   | Zoetis Inc                   | CUSIP: 98978V103<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | EC               | CORP              | US        |    161067 | NS      | $26654977.83  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks Inc          | Arista Networks Inc          | CUSIP: 040413106<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |    240517 | NS      | $30309952.34  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems Inc            | Veeva Systems Inc            | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |    140357 | NS      | $23937886.35  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sherwin-Williams Co/The      | Sherwin-Williams Co/The      | CUSIP: 824348106<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | EC               | CORP              | US        |     44586 | NS      | $10548601.74  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc               | Lowe's Cos Inc               | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     35765 | NS      | $7448061.25   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms Inc           | Meta Platforms Inc           | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    163061 | NS      | $24291197.17  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                  | Corteva Inc                  | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    602353 | NS      | $38821650.85  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** Nushares ETF Trust

**Signature:** E. Scott Wickerham

**Name of Signer:** E. Scott Wickerham

**Title:** Vice President and Funds Controller