Convergence Financial LLC Purchases 13,142 Shares of Neuberger Berman Short Duration Income ETF $NBSD

Convergence Financial LLC boosted its position in Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) by 5.9% during the fourth quarter, Holdings Channel.com reports. The fund owned 235,953 shares of the company’s stock after acquiring an additional 13,142 shares during the period. Neuberger Berman Short Duration Income ETF accounts for 1.8% of Convergence Financial LLC’s holdings, making the stock its 16th largest holding. Convergence Financial LLC’s holdings in Neuberger Berman Short Duration Income ETF were worth $12,077,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of NBSD. Robinson Smith Wealth Advisors LLC increased its position in shares of Neuberger Berman Short Duration Income ETF by 5.0% during the fourth quarter. Robinson Smith Wealth Advisors LLC now owns 99,850 shares of the company’s stock valued at $5,111,000 after buying an additional 4,781 shares during the period. HighTower Advisors LLC purchased a new position in shares of Neuberger Berman Short Duration Income ETF during the fourth quarter valued at about $2,896,000. Paulson Wealth Management Inc. increased its position in shares of Neuberger Berman Short Duration Income ETF by 12.4% during the fourth quarter. Paulson Wealth Management Inc. now owns 245,967 shares of the company’s stock valued at $12,590,000 after buying an additional 27,040 shares during the period. MGO One Seven LLC increased its position in shares of Neuberger Berman Short Duration Income ETF by 20.7% during the fourth quarter. MGO One Seven LLC now owns 6,717 shares of the company’s stock valued at $344,000 after buying an additional 1,153 shares during the period. Finally, Comerica Bank increased its position in shares of Neuberger Berman Short Duration Income ETF by 40.0% during the fourth quarter. Comerica Bank now owns 2,800 shares of the company’s stock valued at $143,000 after buying an additional 800 shares during the period.

Neuberger Berman Short Duration Income ETF Trading Up 0.0%

Shares of NYSEARCA NBSD opened at $50.66 on Friday. Neuberger Berman Short Duration Income ETF has a 1 year low of $50.42 and a 1 year high of $51.57. The company’s 50-day moving average is $50.77 and its 200 day moving average is $51.04.

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.