Columbia Short Duration Bond ETF $SBND Shares Purchased by Cetera Investment Advisers

Cetera Investment Advisers increased its stake in Columbia Short Duration Bond ETF (NYSEARCA:SBND) by 1,133.6% during the 1st quarter, HoldingsChannel reports. The firm owned 559,822 shares of the company’s stock after acquiring an additional 514,439 shares during the period. Cetera Investment Advisers owned about 0.05% of Columbia Short Duration Bond ETF worth $10,516,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Spartan Wealth Advisory Services LLC bought a new stake in shares of Columbia Short Duration Bond ETF during the first quarter valued at approximately $10,237,000. LPL Financial LLC increased its position in Columbia Short Duration Bond ETF by 623.2% in the 4th quarter. LPL Financial LLC now owns 574,020 shares of the company’s stock valued at $10,863,000 after acquiring an additional 494,651 shares during the period. Bank of America Corp DE increased its position in Columbia Short Duration Bond ETF by 144.9% in the 3rd quarter. Bank of America Corp DE now owns 403,792 shares of the company’s stock valued at $7,662,000 after acquiring an additional 238,922 shares during the period. Commonwealth Equity Services LLC bought a new stake in Columbia Short Duration Bond ETF during the 4th quarter valued at $3,178,000. Finally, StoneX Group Inc. acquired a new position in Columbia Short Duration Bond ETF during the 4th quarter worth $1,908,000.

Columbia Short Duration Bond ETF Stock Performance

Shares of NYSEARCA SBND opened at $18.67 on Friday. Columbia Short Duration Bond ETF has a fifty-two week low of $18.54 and a fifty-two week high of $19.08. The firm’s 50-day simple moving average is $18.73 and its 200 day simple moving average is $18.83.

Columbia Short Duration Bond ETF Company Profile

The Columbia Short Duration Bond ETF (SBND) is an exchange-traded fund that is based on the Beta Advantage Short Term Bond index. The fund tracks an index comprised of six sub-indices from different segments within the fixed income space. The six sub-indices each have fixed weights within the fund. SBND was launched on Sep 21, 2021 and is managed by Columbia.