Clearstead Trust LLC Takes Position in Neuberger Berman Short Duration Income ETF $NBSD

Clearstead Trust LLC purchased a new position in Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 11,580 shares of the company’s stock, valued at approximately $587,000. Clearstead Trust LLC owned 0.06% of Neuberger Berman Short Duration Income ETF as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Morgan Stanley grew its position in shares of Neuberger Berman Short Duration Income ETF by 368.2% in the 4th quarter. Morgan Stanley now owns 2,465,782 shares of the company’s stock worth $126,209,000 after buying an additional 1,939,140 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Neuberger Berman Short Duration Income ETF by 6,773.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 447,327 shares of the company’s stock valued at $22,914,000 after acquiring an additional 440,819 shares in the last quarter. Raymond James Financial Inc. boosted its stake in Neuberger Berman Short Duration Income ETF by 98.9% in the third quarter. Raymond James Financial Inc. now owns 795,080 shares of the company’s stock valued at $40,676,000 after acquiring an additional 395,411 shares in the last quarter. LPL Financial LLC boosted its stake in Neuberger Berman Short Duration Income ETF by 21.6% in the fourth quarter. LPL Financial LLC now owns 1,292,289 shares of the company’s stock valued at $66,144,000 after acquiring an additional 229,531 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Neuberger Berman Short Duration Income ETF in the fourth quarter worth $9,763,000.

Neuberger Berman Short Duration Income ETF Stock Performance

Shares of NBSD stock opened at $50.72 on Friday. The stock’s fifty day moving average price is $50.66 and its 200 day moving average price is $50.92. Neuberger Berman Short Duration Income ETF has a 1-year low of $50.42 and a 1-year high of $51.57.

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.