NewEdge Advisors LLC trimmed its stake in shares of Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD – Free Report) by 25.2% during the first quarter, Holdings Channel reports. The institutional investor owned 39,336 shares of the company’s stock after selling 13,280 shares during the period. NewEdge Advisors LLC’s holdings in Neuberger Berman Short Duration Income ETF were worth $1,995,000 at the end of the most recent reporting period.
A number of other institutional investors also recently made changes to their positions in NBSD. Comerica Bank bought a new position in shares of Neuberger Berman Short Duration Income ETF in the third quarter valued at approximately $102,000. NWF Advisory Services Inc. acquired a new position in shares of Neuberger Berman Short Duration Income ETF during the fourth quarter valued at approximately $205,000. Fifth Third Bancorp acquired a new position in shares of Neuberger Berman Short Duration Income ETF during the first quarter valued at approximately $205,000. Magnolia Capital Advisors LLC bought a new stake in Neuberger Berman Short Duration Income ETF during the fourth quarter worth approximately $205,000. Finally, Ausdal Financial Partners Inc. bought a new stake in Neuberger Berman Short Duration Income ETF during the fourth quarter worth approximately $221,000.
Neuberger Berman Short Duration Income ETF Stock Performance
NBSD opened at $50.49 on Friday. The business has a 50 day moving average price of $50.62 and a two-hundred day moving average price of $50.88. Neuberger Berman Short Duration Income ETF has a 1-year low of $50.38 and a 1-year high of $51.57.
Neuberger Berman Short Duration Income ETF Profile
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.
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Want to see what other hedge funds are holding NBSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD – Free Report).
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