LPL Financial LLC Cuts Position in Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM)

LPL Financial LLC reduced its stake in shares of Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) by 28.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,883 shares of the company’s stock after selling 6,702 shares during the period. LPL Financial LLC owned approximately 0.13% of Neuberger Berman Commodity Strategy ETF worth $353,000 at the end of the most recent reporting period.

Separately, IAG Wealth Partners LLC boosted its holdings in Neuberger Berman Commodity Strategy ETF by 16.7% during the fourth quarter. IAG Wealth Partners LLC now owns 115,449 shares of the company’s stock worth $2,415,000 after buying an additional 16,523 shares in the last quarter.

Neuberger Berman Commodity Strategy ETF Stock Performance

Shares of NBCM opened at $22.01 on Friday. The firm’s 50-day moving average is $21.99 and its two-hundred day moving average is $21.81. Neuberger Berman Commodity Strategy ETF has a twelve month low of $20.35 and a twelve month high of $23.80.

About Neuberger Berman Commodity Strategy ETF

The Neuberger Berman Commodity Strategy ETF (NBCM) is an exchange-traded fund that is based on the Bloomberg Commodity index. The fund is actively managed to provide long and short exposure to the broad commodity market. The fund utilizes a subsidiary to invest in commodity-linked derivative instruments.