HighTower Advisors LLC bought a new position in shares of Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD – Free Report) during the fourth quarter, HoldingsChannel.com reports. The firm bought 56,574 shares of the company’s stock, valued at approximately $2,896,000.
Several other institutional investors and hedge funds have also made changes to their positions in NBSD. Wealth Enhancement Advisory Services LLC lifted its position in shares of Neuberger Berman Short Duration Income ETF by 6,773.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 447,327 shares of the company’s stock valued at $22,914,000 after acquiring an additional 440,819 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Neuberger Berman Short Duration Income ETF by 98.9% in the third quarter. Raymond James Financial Inc. now owns 795,080 shares of the company’s stock valued at $40,676,000 after acquiring an additional 395,411 shares in the last quarter. Convergence Financial LLC purchased a new stake in shares of Neuberger Berman Short Duration Income ETF in the third quarter valued at $11,399,000. Bank of America Corp DE purchased a new stake in shares of Neuberger Berman Short Duration Income ETF in the third quarter valued at $6,245,000. Finally, J.W. Cole Advisors Inc. lifted its position in shares of Neuberger Berman Short Duration Income ETF by 1,622.9% in the third quarter. J.W. Cole Advisors Inc. now owns 67,760 shares of the company’s stock valued at $3,467,000 after acquiring an additional 63,827 shares in the last quarter.
Neuberger Berman Short Duration Income ETF Stock Performance
Shares of NYSEARCA:NBSD opened at $50.71 on Friday. Neuberger Berman Short Duration Income ETF has a 52-week low of $50.42 and a 52-week high of $51.57. The stock’s fifty day simple moving average is $50.79 and its 200-day simple moving average is $51.06.
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.
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