Key Capital Management INC Purchases New Shares in Neuberger Berman Option Strategy ETF $NBOS

Key Capital Management INC purchased a new position in Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 21,286 shares of the company’s stock, valued at approximately $580,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. CWM LLC raised its stake in shares of Neuberger Berman Option Strategy ETF by 914.2% in the fourth quarter. CWM LLC now owns 166,240 shares of the company’s stock valued at $4,533,000 after acquiring an additional 149,849 shares during the period. Fifth Third Securities Inc. boosted its stake in shares of Neuberger Berman Option Strategy ETF by 11.0% during the 4th quarter. Fifth Third Securities Inc. now owns 49,255 shares of the company’s stock worth $1,343,000 after purchasing an additional 4,867 shares during the period. Raleigh Capital Management Inc. bought a new position in Neuberger Berman Option Strategy ETF during the 4th quarter valued at about $44,000. JPMorgan Chase & Co. raised its position in Neuberger Berman Option Strategy ETF by 37.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 13,280 shares of the company’s stock worth $357,000 after purchasing an additional 3,613 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its stake in Neuberger Berman Option Strategy ETF by 140,400.0% in the third quarter. CIBC Private Wealth Group LLC now owns 1,405 shares of the company’s stock worth $38,000 after purchasing an additional 1,404 shares during the last quarter.

Neuberger Berman Option Strategy ETF Price Performance

Shares of NYSEARCA:NBOS opened at $27.40 on Friday. The firm has a market capitalization of $447.17 million, a PE ratio of 26.11 and a beta of 0.48. The business has a 50 day simple moving average of $27.26 and a two-hundred day simple moving average of $27.19. Neuberger Berman Option Strategy ETF has a 1 year low of $23.97 and a 1 year high of $27.92.

Neuberger Berman Option Strategy ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 24th were issued a dividend of $0.1863 per share. The ex-dividend date was Tuesday, February 24th. This represents a c) dividend on an annualized basis and a yield of 8.2%.

About Neuberger Berman Option Strategy ETF

The Neuberger Berman Option Strategy ETF (NBOS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that utilizes a cash-secured put writing strategy on US indices. The fund seeks long-term capital appreciation and income. NBOS was launched on Sep 16, 2016 and is issued by Neuberger Berman.