Wealth Enhancement Advisory Services LLC Grows Stock Holdings in Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM)

Wealth Enhancement Advisory Services LLC lifted its position in Neuberger Berman Commodity Strategy ETF (NYSEARCA:NBCM) by 2.9% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,138,219 shares of the company’s stock after purchasing an additional 202,547 shares during the quarter. Wealth Enhancement Advisory Services LLC owned 57.61% of Neuberger Berman Commodity Strategy ETF worth $154,328,000 at the end of the most recent quarter.

Separately, IAG Wealth Partners LLC purchased a new stake in Neuberger Berman Commodity Strategy ETF in the fourth quarter worth approximately $39,000.

Neuberger Berman Commodity Strategy ETF Stock Up 0.5 %

NYSEARCA NBCM traded up $0.12 on Thursday, reaching $21.99. 4,854 shares of the company’s stock traded hands, compared to its average volume of 54,799. Neuberger Berman Commodity Strategy ETF has a 12 month low of $20.14 and a 12 month high of $23.17. The stock has a 50-day simple moving average of $22.29 and a 200 day simple moving average of $21.49.

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.