Vault-13

NEUBERGER BERMAN ETF TRUST NBCM

BERMAN COMMODITY · ETP · CUSIP 64135A408

30 institutional holders +5 vs Q1 2026
10,252,73410.3m shares reported held*
$275.1mreported value*
8 new 13 added 4 reduced 3 sold out net bought ≈ $14.9m (+561.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $26.83.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q4 22: 13Q1 23: 9Q2 23: 17Q3 23: 17Q4 23: 21Q1 24: 17Q2 24: 20Q3 24: 19Q4 24: 13Q1 25: 19Q2 25: 16Q3 25: 15Q4 25: 22Q1 26: 25Q2 26: 3030Q4 22Q4 23Q4 24Q4 25Q2 26
Numbers
QuarterHolders
Q4 202213
Q1 20239
Q2 202317
Q3 202317
Q4 202321
Q1 202417
Q2 202420
Q3 202419
Q4 202413
Q1 202519
Q2 202516
Q3 202515
Q4 202522
Q1 202625
Q2 202630

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 9 bought or addedQ3 24: 8 cut or sold outQ4 24: 2 bought or addedQ4 24: 14 cut or sold outQ4 24Q1 25: 15 bought or addedQ1 25: 2 cut or sold outQ2 25: 7 bought or addedQ2 25: 10 cut or sold outQ2 25Q3 25: 12 bought or addedQ3 25: 5 cut or sold outQ4 25: 17 bought or addedQ4 25: 2 cut or sold outQ4 25Q1 26: 17 bought or addedQ1 26: 9 cut or sold outQ2 26: 21 bought or addedQ2 26: 7 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202498
Q4 2024214
Q1 2025152
Q2 2025710
Q3 2025125
Q4 2025172
Q1 2026179
Q2 2026217

Biggest buyers

WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +194,784+194.8k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +150,223+150.2k
LPL Financial LLC Added +135,427+135.4k
NEUBERGER BERMAN GROUP LLC Added +113,246+113.2k
Wealth Enhancement Trust Services, Inc. Added +81,636+81.6k
AMERIPRISE FINANCIAL INC New +80,424+80.4k
Vise Technologies, Inc. Added +33,089+33.1k
Cambridge Investment Research Advisors, Inc. Added +26,011+26.0k
JPMORGAN CHASE & CO New +14,790+14.8k
Advisors Preferred, LLC New +12,660+12.7k

Biggest sellers

Private Advisor Group, LLC Reduced -175,236-175.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -126,777-126.8k
IAG Wealth Partners, LLC Reduced -20,876-20.9k
NorthCrest Asset Manangement, LLC Reduced -308-308
Aptus Capital Advisors, LLC Sold out -36-36
REGIONS FINANCIAL CORP Reduced -12-12
Farther Finance Advisors, LLC Sold out -1-1

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NEUBERGER BERMAN GROUP LLC 0.07% of their portfolio NEW YORK, NY 4,027,0194.0m $106.8m $106.8m 0.07% Added +113.2k +113,246
2 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.16% of their portfolio PLYMOUTH, MN 3,539,1673.5m $96.9m $96.9m 0.16% Added +194.8k +194,784
3 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 1,522,0361.5m $40.4m $40.4m 0.02% Added +150.2k +150,223
4 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 314,465314.5k $8.3m $8.3m 0.00% Added +135.4k +135,427
5 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 148,753148.8k $3.9m $3.9m 0.00% Added +1.1k +1,073
6 IAG Wealth Partners, LLC 0.26% of their portfolio WAUKESHA, WI 100,281100.3k $2.7m $2.7m 0.26% Reduced -20.9k -20,876
7 Wealth Enhancement Trust Services, Inc. 0.27% of their portfolio SIOUX FALLS, SD 92,68792.7k $2.5m $2.5m 0.27% Added +81.6k +81,636
8 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 87,54687.5k $2.3m $2.3m 0.00% Added +9.7k +9,650
9 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 80,42480.4k $2.1m $2.1m 0.00% New
10 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 53,86053.9k $1.4m $1.4m 0.00% Added +26.0k +26,011
11 Vise Technologies, Inc. 0.02% of their portfolio NEW YORK, NY 51,24551.2k $1.4m $1.4m 0.02% Added +33.1k +33,089
12 World Investment Advisors 0.02% of their portfolio LINCROFT, NJ 50,37150.4k $1.4m $1.4m 0.02% Unchanged
13 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 36,99737.0k $981.5k $981.5k 0.00% Reduced -175.2k -175,236
14 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 30,04830.0k $797.1k $797.1k 0.00% Added +3.0k +3,017
15 Brookwood Investment Group LLC 0.05% of their portfolio PHOENIX, AZ 17,84117.8k $473.3k $473.3k 0.05% Added +447 +447
16 NorthCrest Asset Manangement, LLC 0.01% of their portfolio PLYMOUTH, MN 17,14017.1k $472.9k $472.9k 0.01% Reduced -308 -308
17 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 17,03617.0k $452.0k $452.0k 0.00% Added +3.3k +3,348
18 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 14,79014.8k $389.8k $389.8k 0.00% New
19 Advisors Preferred, LLC 0.05% of their portfolio ROCKVILLE, MD 12,66012.7k $336.0k $336.0k 0.05% New
20 HB Wealth Management, LLC 0.00% of their portfolio Atlanta, GA 9,6799.7k $256.8k $256.8k 0.00% New
21 REGIONS FINANCIAL CORP 0.00% of their portfolio BIRMINGHAM, AL 9,4939.5k $233.4k $233.4k 0.00% Reduced -12 -12
22 MGO ONE SEVEN LLC 0.00% of their portfolio Beachwood, OH 8,3328.3k $221.0k $221.0k 0.00% New
23 PRIVATE TRUST CO NA 0.01% of their portfolio CLEVELAND, OH 4,6854.7k $124.3k $124.3k 0.01% New
24 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 1,8881.9k $50.0k $50.0k 0.00% Unchanged
25 Key Financial Inc 0.01% of their portfolio WEST CHESTER, PA 1,8601.9k $49.3k $49.3k 0.01% New
26 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,2171.2k $32.3k $32.3k 0.00% Unchanged
27 HUNTINGTON NATIONAL BANK 0.00% of their portfolio COLUMBUS, OH 1,0001.0k $26.5k $26.5k 0.00% New
28 Golden State Wealth Management, LLC 0.00% of their portfolio SANTA ANA, CA 503503 $13.3k $13.3k 0.00% Unchanged
29 CONSULTIVA WEALTH MANAGEMENT, CORP. 0.03% of their portfolio SAN JUAN, PR 490490 $13.0k $13.0k 0.03% Added +65 +65
30 LANARK FINANCIAL, INC. 0.00% of their portfolio BIRMINGHAM, AL 221221 $5.9k $5.9k 0.00% Unchanged