Northwestern Mutual Wealth Management Co. Invests $142,000 in Neuberger Berman Disrupters ETF $NBDS

Northwestern Mutual Wealth Management Co. bought a new position in shares of Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 13,974 shares of the company’s stock, valued at approximately $142,000. Northwestern Mutual Wealth Management Co. owned approximately 0.38% of Neuberger Berman Disrupters ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NBDS. Fortis Group Advisors LLC grew its position in Neuberger Berman Disrupters ETF by 5.1% in the 4th quarter. Fortis Group Advisors LLC now owns 7,067 shares of the company’s stock valued at $240,000 after purchasing an additional 343 shares during the period. Assetmark Inc. lifted its stake in shares of Neuberger Berman Disrupters ETF by 3.6% in the first quarter. Assetmark Inc. now owns 14,569 shares of the company’s stock valued at $447,000 after buying an additional 500 shares in the last quarter. Finally, Evolve Private Wealth LLC acquired a new position in shares of Neuberger Berman Disrupters ETF during the second quarter valued at about $650,000.

Neuberger Berman Disrupters ETF Stock Performance

Shares of NYSEARCA NBDS opened at $40.69 on Friday. The stock has a market cap of $149.74 million, a price-to-earnings ratio of 52.74 and a beta of 1.35. Neuberger Berman Disrupters ETF has a fifty-two week low of $29.42 and a fifty-two week high of $42.86. The firm’s 50-day simple moving average is $40.73 and its 200 day simple moving average is $37.01.

Neuberger Berman Disrupters ETF Company Profile

The Neuberger Berman Disrupters ETF (NBDS) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund is an actively managed portfolio of global companies that are perceived to be positioned to benefit from disruptive innovations and trends. NBDS was launched on Apr 6, 2022 and is managed by Neuberger Berman.