Vault-13

NEUBERGER BERMAN ETF TRUST NBSM

SMALL MID CAP ET · ETP · CUSIP 64135A804

16 institutional holders +6 vs Q1 2025
5,874,4385.9m shares reported held*
$147.1mreported value*
6 new 5 added 3 reduced 0 sold out net sold ≈ $45.2m (-1.8m 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 ≈ $25.04.

Trends to Q2 2025

Institutional holders

Managers reporting a position, each quarter

01020Q1 24: 3Q2 24: 5Q3 24: 4Q4 24: 8Q1 25: 10Q2 25: 1616Q1 24Q2 24Q3 24Q4 24Q1 25Q2 25
Numbers
QuarterHolders
Q1 20243
Q2 20245
Q3 20244
Q4 20248
Q1 202510
Q2 202516

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q2 24: 3 bought or addedQ2 24: 1 cut or sold outQ2 24Q3 24: 2 bought or addedQ3 24: 2 cut or sold outQ3 24Q4 24: 7 bought or addedQ4 24: 2 cut or sold outQ4 24Q1 25: 7 bought or addedQ1 25: 3 cut or sold outQ1 25Q2 25: 11 bought or addedQ2 25: 3 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q2 202431
Q3 202422
Q4 202472
Q1 202573
Q2 2025113

Biggest buyers

LPL Financial LLC Added +186,748+186.7k
Broadway Wealth Solutions, Inc. New +68,384+68.4k
BANK OF AMERICA CORP /DE/ Added +62,688+62.7k
MOTCO New +52,482+52.5k
RAYMOND JAMES FINANCIAL INC Added +29,995+30.0k
Worth Financial Advisory Group, LLC New +22,084+22.1k
JONES FINANCIAL COMPANIES LLLP Added +22,019+22.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +10,029+10.0k
Cambridge Investment Research Advisors, Inc. New +8,757+8.8k
Mariner, LLC Added +8,248+8.2k

Biggest sellers

NEUBERGER BERMAN GROUP LLC Reduced -2,230,565-2.2m
EXCHANGE TRADED CONCEPTS, LLC Reduced -31,082-31.1k
ROYAL BANK OF CANADA Reduced -21,028-21.0k

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NEUBERGER BERMAN GROUP LLC 0.09% of their portfolio NEW YORK, NY 4,753,8284.8m $119.0m $119.0m 0.09% Reduced -2.2m -2,230,565
2 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 294,669294.7k $7.4m $7.4m 0.00% Added +186.7k +186,748
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 190,347190.3k $4.8m $4.8m 0.00% Added +62.7k +62,688
4 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 173,905173.9k $4.4m $4.4m 0.00% Added +30.0k +29,995
5 EXCHANGE TRADED CONCEPTS, LLC 0.05% of their portfolio Oklahoma City, OK 157,894157.9k $4.0m $4.0m 0.05% Reduced -31.1k -31,082
6 Mariner, LLC 0.00% of their portfolio Overland Park, KS 70,09670.1k $1.8m $1.8m 0.00% Added +8.2k +8,248
7 Broadway Wealth Solutions, Inc. 1.07% of their portfolio San Antonio, TX 68,38468.4k $1.7m $1.7m 1.07% New
8 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 53,77553.8k $1.4m $1.4m 0.00% Added +22.0k +22,019
9 MOTCO 0.13% of their portfolio SAN ANTONIO, TX 52,48252.5k $1.3m $1.3m 0.13% New
10 Worth Financial Advisory Group, LLC 0.34% of their portfolio CHARLOTTE, NC 22,08422.1k $553.0k $553.0k 0.34% New
11 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 10,02910.0k $251.1k $251.1k 0.00% New
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 9,8189.8k $246.0k $246.0k 0.00% Reduced -21.0k -21,028
13 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 8,7578.8k $219.0k $219.0k 0.00% New
14 Christopher J. Hasenberg, Inc 0.05% of their portfolio EAU CLAIRE, WI 5,0445.0k $126.3k $126.3k 0.05% New
15 BARRETT & COMPANY, INC. 0.03% of their portfolio PROVIDENCE, RI 3,3263.3k $83.3k $83.3k 0.03% Unchanged
16 CONCOURSE FINANCIAL GROUP SECURITIES, INC. — of their portfolio BIRMINGHAM, AL 00 $0 $0 — Unchanged