J.W. Cole Advisors Inc. Increases Stock Position in Neuberger Berman Short Duration Income ETF $NBSD

J.W. Cole Advisors Inc. boosted its stake in shares of Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) by 1,622.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 67,760 shares of the company’s stock after purchasing an additional 63,827 shares during the period. J.W. Cole Advisors Inc.’s holdings in Neuberger Berman Short Duration Income ETF were worth $3,467,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. bought a new stake in Neuberger Berman Short Duration Income ETF in the 3rd quarter worth approximately $50,000. Relyea Zuckerberg Hanson LLC purchased a new position in shares of Neuberger Berman Short Duration Income ETF in the 3rd quarter worth $202,000. Robinson Smith Wealth Advisors LLC bought a new stake in shares of Neuberger Berman Short Duration Income ETF in the second quarter worth $227,000. Envestnet Asset Management Inc. purchased a new stake in Neuberger Berman Short Duration Income ETF during the third quarter valued at $280,000. Finally, MGO One Seven LLC purchased a new stake in Neuberger Berman Short Duration Income ETF during the third quarter valued at $285,000.

Neuberger Berman Short Duration Income ETF Stock Performance

Neuberger Berman Short Duration Income ETF stock opened at $51.26 on Friday. Neuberger Berman Short Duration Income ETF has a 52-week low of $49.63 and a 52-week high of $51.57. The business has a 50-day simple moving average of $51.21 and a two-hundred day simple moving average of $51.19.

Neuberger Berman Short Duration Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, January 30th. Investors of record on Tuesday, January 27th were issued a $0.1977 dividend. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, January 27th.

Neuberger Berman Short Duration Income ETF 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.