Janney Montgomery Scott LLC Has $1.69 Million Stake in Neuberger Berman Short Duration Income ETF $NBSD

Janney Montgomery Scott LLC boosted its position in shares of Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) by 250.3% during the 1st quarter, HoldingsChannel reports. The firm owned 33,289 shares of the company’s stock after buying an additional 23,785 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Neuberger Berman Short Duration Income ETF were worth $1,688,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Comerica Bank purchased a new stake in shares of Neuberger Berman Short Duration Income ETF in the third quarter valued at $102,000. NWF Advisory Services Inc. acquired a new stake in shares of Neuberger Berman Short Duration Income ETF in the fourth quarter worth $205,000. Magnolia Capital Advisors LLC purchased a new position in shares of Neuberger Berman Short Duration Income ETF during the fourth quarter valued at $205,000. Ausdal Financial Partners Inc. purchased a new position in shares of Neuberger Berman Short Duration Income ETF during the fourth quarter valued at $221,000. Finally, Envestnet Asset Management Inc. acquired a new position in Neuberger Berman Short Duration Income ETF during the third quarter valued at $280,000.

Neuberger Berman Short Duration Income ETF Price Performance

Shares of Neuberger Berman Short Duration Income ETF stock opened at $50.58 on Friday. The stock has a 50-day moving average price of $50.67 and a 200 day moving average price of $50.94. Neuberger Berman Short Duration Income ETF has a 1 year low of $50.42 and a 1 year high of $51.57.

Neuberger Berman Short Duration Income ETF Company 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.