Paulson Wealth Management Inc. boosted its position in Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD – Free Report) by 12.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 245,967 shares of the company’s stock after purchasing an additional 27,040 shares during the quarter. Neuberger Berman Short Duration Income ETF makes up 2.9% of Paulson Wealth Management Inc.’s portfolio, making the stock its 8th biggest position. Paulson Wealth Management Inc. owned approximately 1.57% of Neuberger Berman Short Duration Income ETF worth $12,590,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Neuberger Berman Short Duration Income ETF by 6,773.5% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 447,327 shares of the company’s stock valued at $22,914,000 after buying an additional 440,819 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of Neuberger Berman Short Duration Income ETF by 98.9% in the 3rd quarter. Raymond James Financial Inc. now owns 795,080 shares of the company’s stock worth $40,676,000 after acquiring an additional 395,411 shares in the last quarter. Convergence Financial LLC bought a new position in shares of Neuberger Berman Short Duration Income ETF in the 3rd quarter worth about $11,399,000. Bank of America Corp DE purchased a new position in Neuberger Berman Short Duration Income ETF during the 3rd quarter valued at about $6,245,000. Finally, Robinson Smith Wealth Advisors LLC boosted its stake in Neuberger Berman Short Duration Income ETF by 2,034.0% during the third quarter. Robinson Smith Wealth Advisors LLC now owns 95,069 shares of the company’s stock worth $4,864,000 after acquiring an additional 90,614 shares in the last quarter.
Neuberger Berman Short Duration Income ETF Stock Performance
Shares of NBSD opened at $50.79 on Friday. Neuberger Berman Short Duration Income ETF has a fifty-two week low of $50.42 and a fifty-two week high of $51.57. The firm’s 50-day simple moving average is $50.85 and its two-hundred day simple moving average is $51.09.
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.
See Also
- Five stocks we like better than Neuberger Berman Short Duration Income ETF
- YETI Rallies After Earnings Beat and Raised Outlook
- How the 3 Leading Quantum Firms Stack Up After Q1 Earnings
- Cisco’s Vertical Rally May Still Be in the Early Innings
- Amazon vs. Alibaba: One Is Clearly The Better Value Play right Now
Receive News & Ratings for Neuberger Berman Short Duration Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Berman Short Duration Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
