Sagespring Wealth Partners LLC Makes New Investment in Neuberger Berman Short Duration Income ETF $NBSD

Sagespring Wealth Partners LLC purchased a new stake in Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 11,229 shares of the company’s stock, valued at approximately $575,000. Sagespring Wealth Partners LLC owned approximately 0.08% of Neuberger Berman Short Duration Income ETF at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Geneos Wealth Management Inc. acquired a new stake in shares of Neuberger Berman Short Duration Income ETF in the 3rd quarter valued at about $50,000. Wetzel Investment Advisors Inc. raised its stake in Neuberger Berman Short Duration Income ETF by 13.3% during the 3rd quarter. Wetzel Investment Advisors Inc. now owns 10,916 shares of the company’s stock worth $558,000 after buying an additional 1,284 shares during the period. Comerica Bank acquired a new position in Neuberger Berman Short Duration Income ETF during the 3rd quarter worth approximately $102,000. NewEdge Advisors LLC boosted its holdings in Neuberger Berman Short Duration Income ETF by 21.2% in the second quarter. NewEdge Advisors LLC now owns 17,167 shares of the company’s stock worth $875,000 after acquiring an additional 2,998 shares in the last quarter. Finally, J.W. Cole Advisors Inc. bought a new position in Neuberger Berman Short Duration Income ETF in the second quarter worth approximately $200,000.

Neuberger Berman Short Duration Income ETF Price Performance

Shares of Neuberger Berman Short Duration Income ETF stock opened at $50.85 on Tuesday. Neuberger Berman Short Duration Income ETF has a 52 week low of $49.63 and a 52 week high of $51.57. The stock has a 50 day moving average price of $51.20 and a two-hundred day moving average price of $51.21.

Neuberger Berman Short Duration Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were given a $0.1703 dividend. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a c) annualized dividend and a yield of 4.0%.

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.