Envestnet Asset Management Inc. Trims Stock Position in Neuberger Berman Option Strategy ETF $NBOS

Envestnet Asset Management Inc. cut its holdings in Neuberger Berman Option Strategy ETF (NYSEARCA:NBOS) by 24.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,251 shares of the company’s stock after selling 4,529 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Neuberger Berman Option Strategy ETF were worth $371,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the stock. LPL Financial LLC lifted its stake in Neuberger Berman Option Strategy ETF by 55.7% in the 1st quarter. LPL Financial LLC now owns 673,980 shares of the company’s stock valued at $17,240,000 after buying an additional 241,019 shares in the last quarter. Fifth Third Securities Inc. acquired a new position in shares of Neuberger Berman Option Strategy ETF in the second quarter worth $1,189,000. Simplicity Wealth LLC purchased a new stake in shares of Neuberger Berman Option Strategy ETF in the second quarter valued at $644,000. Janney Montgomery Scott LLC boosted its stake in shares of Neuberger Berman Option Strategy ETF by 64.5% during the second quarter. Janney Montgomery Scott LLC now owns 27,305 shares of the company’s stock valued at $711,000 after acquiring an additional 10,705 shares during the last quarter. Finally, Wealthspire Advisors LLC boosted its stake in shares of Neuberger Berman Option Strategy ETF by 3.8% during the first quarter. Wealthspire Advisors LLC now owns 227,503 shares of the company’s stock valued at $5,820,000 after acquiring an additional 8,369 shares during the last quarter.

Neuberger Berman Option Strategy ETF Trading Up 0.3%

Shares of NBOS stock opened at $27.04 on Thursday. The firm has a 50-day moving average price of $26.94 and a 200 day moving average price of $26.38. Neuberger Berman Option Strategy ETF has a twelve month low of $22.43 and a twelve month high of $27.39. The company has a market capitalization of $454.27 million, a price-to-earnings ratio of 26.11 and a beta of 0.49.

Neuberger Berman Option Strategy ETF Profile

The Neuberger Berman Option Strategy ETF (NBOS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that utilizes a cash-secured put writing strategy on US indices. The fund seeks long-term capital appreciation and income. NBOS was launched on Sep 16, 2016 and is issued by Neuberger Berman.