World Investment Advisors Invests $1.41 Million in Neuberger Berman Commodity Strategy ETF $NBCM

World Investment Advisors purchased a new stake in Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 50,371 shares of the company’s stock, valued at approximately $1,412,000. World Investment Advisors owned approximately 0.35% of Neuberger Berman Commodity Strategy ETF as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Osaic Holdings Inc. increased its holdings in Neuberger Berman Commodity Strategy ETF by 6.3% in the 4th quarter. Osaic Holdings Inc. now owns 27,523 shares of the company’s stock worth $622,000 after purchasing an additional 1,620 shares in the last quarter. Private Advisor Group LLC boosted its holdings in shares of Neuberger Berman Commodity Strategy ETF by 32.5% during the 4th quarter. Private Advisor Group LLC now owns 215,989 shares of the company’s stock worth $4,887,000 after buying an additional 52,945 shares in the last quarter. Royal Bank of Canada acquired a new stake in Neuberger Berman Commodity Strategy ETF in the fourth quarter worth $64,000. LPL Financial LLC grew its stake in shares of Neuberger Berman Commodity Strategy ETF by 13.5% in the 4th quarter. LPL Financial LLC now owns 144,286 shares of the company’s stock valued at $3,264,000 after buying an additional 17,146 shares during the period. Finally, Vise Technologies Inc. increased its holdings in shares of Neuberger Berman Commodity Strategy ETF by 91.2% during the fourth quarter. Vise Technologies Inc. now owns 18,156 shares of the company’s stock valued at $411,000 after acquiring an additional 8,662 shares in the last quarter.

Neuberger Berman Commodity Strategy ETF Stock Performance

NBCM opened at $27.28 on Wednesday. Neuberger Berman Commodity Strategy ETF has a 1-year low of $21.99 and a 1-year high of $30.81. The company’s fifty day moving average price is $28.55 and its two-hundred day moving average price is $26.66.

Neuberger Berman Commodity Strategy ETF Profile

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. NBCM was launched on Aug 27, 2012 and is managed by Neuberger Berman.