Neuberger Berman Short Duration Income ETF $NBSD Shares Bought by Robinson Smith Wealth Advisors LLC

Robinson Smith Wealth Advisors LLC boosted its holdings in Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) by 2,034.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 95,069 shares of the company’s stock after buying an additional 90,614 shares during the quarter. Neuberger Berman Short Duration Income ETF makes up approximately 3.5% of Robinson Smith Wealth Advisors LLC’s investment portfolio, making the stock its 6th largest position. Robinson Smith Wealth Advisors LLC owned 0.89% of Neuberger Berman Short Duration Income ETF worth $4,864,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Paulson Wealth Management Inc. acquired a new position in Neuberger Berman Short Duration Income ETF in the 2nd quarter valued at approximately $10,157,000. Raymond James Financial Inc. grew its stake in shares of Neuberger Berman Short Duration Income ETF by 41.0% in the second quarter. Raymond James Financial Inc. now owns 399,669 shares of the company’s stock worth $20,359,000 after purchasing an additional 116,155 shares during the last quarter. Manchester Financial Inc. acquired a new stake in Neuberger Berman Short Duration Income ETF in the second quarter valued at $2,161,000. Jane Street Group LLC acquired a new stake in Neuberger Berman Short Duration Income ETF in the second quarter valued at $1,752,000. Finally, NewEdge Advisors LLC bought a new position in Neuberger Berman Short Duration Income ETF during the 1st quarter worth $722,000.

Neuberger Berman Short Duration Income ETF Stock Up 0.1%

Shares of NBSD opened at $51.19 on Thursday. The stock’s 50-day moving average price is $51.20 and its two-hundred day moving average price is $51.17. Neuberger Berman Short Duration Income ETF has a 12 month low of $49.63 and a 12 month high of $51.57.

Neuberger Berman Short Duration Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 30th. Investors of record on Tuesday, January 27th will be paid a $0.1977 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Tuesday, January 27th.

About Neuberger Berman Short Duration Income ETF

The Neuberger Berman Short Duration Income ETF (NBSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, investing broadly in the US fixed-income market. The fund seeks the highest available current income, and to a lesser extent, capital appreciation. NBSD was launched on Jun 21, 2010 and is issued by Neuberger Berman.