Clearstead Trust LLC Takes $587,000 Position in Neuberger Berman Short Duration Income ETF $NBSD

Clearstead Trust LLC acquired a new position in Neuberger Berman Short Duration Income ETF (NYSEARCA:NBSD) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 11,580 shares of the company’s stock, valued at approximately $587,000.

Several other institutional investors have also recently made changes to their positions in NBSD. Comerica Bank acquired a new position in Neuberger Berman Short Duration Income ETF during the third quarter valued at $102,000. NWF Advisory Services Inc. acquired a new stake in Neuberger Berman Short Duration Income ETF during the 4th quarter worth about $205,000. Magnolia Capital Advisors LLC acquired a new stake in Neuberger Berman Short Duration Income ETF during the 4th quarter worth about $205,000. Fifth Third Bancorp purchased a new position in shares of Neuberger Berman Short Duration Income ETF during the 1st quarter valued at about $205,000. Finally, Ausdal Financial Partners Inc. purchased a new position in shares of Neuberger Berman Short Duration Income ETF during the 4th quarter valued at about $221,000.

Neuberger Berman Short Duration Income ETF Price Performance

Shares of NBSD stock opened at $50.72 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 has a 50-day simple moving average of $50.66 and a 200-day simple moving average of $50.92.

Neuberger Berman Short Duration Income ETF Company 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.