Rubicon Advisors GP acquired a new position in Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 79,946 shares of the company’s stock, valued at approximately $4,092,000. Neuberger Berman Short Duration Income ETF comprises approximately 3.8% of Rubicon Advisors GP’s holdings, making the stock its 8th largest position.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Comerica Bank acquired a new position in shares of Neuberger Berman Short Duration Income ETF in the 3rd quarter valued at about $102,000. NWF Advisory Services Inc. acquired a new stake in Neuberger Berman Short Duration Income ETF during the fourth quarter worth approximately $205,000. Magnolia Capital Advisors LLC acquired a new stake in Neuberger Berman Short Duration Income ETF during the fourth quarter worth approximately $205,000. Ausdal Financial Partners Inc. bought a new stake in Neuberger Berman Short Duration Income ETF in the fourth quarter worth approximately $221,000. Finally, Envestnet Asset Management Inc. bought a new stake in Neuberger Berman Short Duration Income ETF in the third quarter worth approximately $280,000.
Neuberger Berman Short Duration Income ETF Price Performance
Shares of NBSD opened at $50.67 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 business’s 50 day moving average price is $50.77 and its two-hundred day moving average price is $51.00.
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.
Further Reading
- Five stocks we like better than Neuberger Berman Short Duration Income ETF
- Aehr Spikes on New Order, But Has Stock Gotten Ahead of Itself?
- Rackspace’s AI Land Grab: Plugging Into the Next Compute Boom
- Satellogic Is Tiny But Its Revenue Growth Is Hard to Ignore
- Why Kroger’s Pullback Could Be a Gift for Patient Investors
Want to see what other hedge funds are holding NBSD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD – Free Report).
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.
