Broadway Wealth Solutions Inc. Increases Stock Position in Neuberger Berman Small-Mid Cap ETF $NBSM

Broadway Wealth Solutions Inc. boosted its stake in Neuberger Berman Small-Mid Cap ETF (NYSEARCA:NBSM) by 52.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 114,302 shares of the company’s stock after purchasing an additional 39,233 shares during the quarter. Neuberger Berman Small-Mid Cap ETF comprises approximately 1.5% of Broadway Wealth Solutions Inc.’s portfolio, making the stock its 12th biggest holding. Broadway Wealth Solutions Inc. owned approximately 1.43% of Neuberger Berman Small-Mid Cap ETF worth $2,885,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Citadel Advisors LLC bought a new position in shares of Neuberger Berman Small-Mid Cap ETF in the third quarter worth approximately $337,000. Susquehanna International Group LLP lifted its stake in Neuberger Berman Small-Mid Cap ETF by 77.5% in the third quarter. Susquehanna International Group LLP now owns 17,805 shares of the company’s stock worth $451,000 after acquiring an additional 7,776 shares during the period. Worth Financial Advisory Group LLC lifted its stake in Neuberger Berman Small-Mid Cap ETF by 17.2% in the third quarter. Worth Financial Advisory Group LLC now owns 25,877 shares of the company’s stock worth $655,000 after acquiring an additional 3,793 shares during the period. Royal Bank of Canada purchased a new stake in Neuberger Berman Small-Mid Cap ETF in the first quarter worth $738,000. Finally, Motco lifted its stake in Neuberger Berman Small-Mid Cap ETF by 10.3% in the third quarter. Motco now owns 57,907 shares of the company’s stock worth $1,467,000 after acquiring an additional 5,425 shares during the period.

Neuberger Berman Small-Mid Cap ETF Stock Down 0.1%

Shares of NBSM stock opened at $26.99 on Friday. The stock has a fifty day moving average of $26.13 and a 200 day moving average of $25.89. Neuberger Berman Small-Mid Cap ETF has a 52 week low of $22.84 and a 52 week high of $27.64. The firm has a market capitalization of $226.72 million, a price-to-earnings ratio of 26.86 and a beta of 0.93.

Neuberger Berman Small-Mid Cap ETF Company Profile

The Neuberger Berman Small-Mid Cap ETF (NBSM) is an exchange-traded fund that mostly invests in extended market equity. The fund is actively managed, focusing on capital appreciation through investments in small- and mid-cap companies aligned with the Russell 2000 and Midcap Index. NBSM was launched on Mar 20, 2024 and is issued by Neuberger Berman.