Northwestern Mutual Wealth Management Co. Makes New Investment in Neuberger Berman Disrupters ETF $NBDS

Northwestern Mutual Wealth Management Co. bought a new stake in Neuberger Berman Disrupters ETF (NYSEARCA:NBDS) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 13,974 shares of the company’s stock, valued at approximately $142,000.

Several other institutional investors also recently modified their holdings of the business. Fortis Group Advisors LLC lifted its holdings in Neuberger Berman Disrupters ETF by 5.1% during the fourth quarter. Fortis Group Advisors LLC now owns 7,067 shares of the company’s stock worth $240,000 after acquiring an additional 343 shares during the period. Assetmark Inc. grew its stake in Neuberger Berman Disrupters ETF by 3.6% in the 1st quarter. Assetmark Inc. now owns 14,569 shares of the company’s stock valued at $447,000 after purchasing an additional 500 shares during the period. Finally, Evolve Private Wealth LLC bought a new position in Neuberger Berman Disrupters ETF in the 2nd quarter valued at $650,000.

Neuberger Berman Disrupters ETF Price Performance

Shares of Neuberger Berman Disrupters ETF stock opened at $40.69 on Friday. The firm has a market cap of $149.74 million, a PE ratio of 52.74 and a beta of 1.35. Neuberger Berman Disrupters ETF has a 1 year low of $29.42 and a 1 year high of $42.86. The stock has a fifty day moving average price of $40.73 and a 200-day moving average price of $37.01.

Neuberger Berman Disrupters ETF Company Profile

The Neuberger Berman Disrupters ETF (NBDS) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund is an actively managed portfolio of global companies that are perceived to be positioned to benefit from disruptive innovations and trends. NBDS was launched on Apr 6, 2022 and is managed by Neuberger Berman.