Columbia Short Duration Bond ETF (NYSEARCA:SBND) Short Interest Down 89.7% in July

Columbia Short Duration Bond ETF (NYSEARCA:SBND) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 1,939 shares, a drop of 89.7% from the July 15th total of 18,772 shares. Based on an average daily trading volume, of 110,918 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On Columbia Short Duration Bond ETF

A number of large investors have recently added to or reduced their stakes in the company. Western Wealth Management LLC acquired a new position in Columbia Short Duration Bond ETF in the 1st quarter worth $64,000. Cetera Investment Advisers increased its position in shares of Columbia Short Duration Bond ETF by 1,133.6% during the first quarter. Cetera Investment Advisers now owns 559,822 shares of the company’s stock worth $10,516,000 after acquiring an additional 514,439 shares during the last quarter. Spartan Wealth Advisory Services LLC purchased a new stake in shares of Columbia Short Duration Bond ETF during the first quarter worth about $10,237,000. Kestra Advisory Services LLC lifted its stake in shares of Columbia Short Duration Bond ETF by 267.6% in the first quarter. Kestra Advisory Services LLC now owns 78,661 shares of the company’s stock worth $1,478,000 after acquiring an additional 57,265 shares in the last quarter. Finally, Axis Wealth Partners LLC boosted its holdings in Columbia Short Duration Bond ETF by 2.1% in the first quarter. Axis Wealth Partners LLC now owns 27,541 shares of the company’s stock valued at $517,000 after purchasing an additional 559 shares during the last quarter.

Columbia Short Duration Bond ETF Stock Up 0.1%

NYSEARCA SBND traded up $0.02 on Wednesday, reaching $18.69. The company had a trading volume of 33,124 shares, compared to its average volume of 98,557. Columbia Short Duration Bond ETF has a 1 year low of $18.54 and a 1 year high of $19.08. The firm has a 50-day moving average of $18.72 and a 200-day moving average of $18.81.

Columbia Short Duration Bond ETF Company Profile

The Columbia Short Duration Bond ETF (SBND) is an exchange-traded fund that is based on the Beta Advantage Short Term Bond index. The fund tracks an index comprised of six sub-indices from different segments within the fixed income space. The six sub-indices each have fixed weights within the fund. SBND was launched on Sep 21, 2021 and is managed by Columbia.