Vault-13

NEUBERGER BERMAN ETF TRUST NBSM

SMALL MID CAP ET · ETP · CUSIP 64135A804

23 institutional holders +4 vs Q1 2026
2,579,1412.6m shares reported held*
$74.0mreported value*
7 new 9 added 5 reduced 3 sold out net sold ≈ $120.9m (-4.2m 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 ≈ $28.70.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0102030Q1 24: 3Q2 24: 5Q3 24: 4Q4 24: 8Q1 25: 10Q2 25: 16Q3 25: 16Q4 25: 18Q1 26: 19Q2 26: 2323Q1 24Q3 24Q1 25Q3 25Q1 26Q2 26
Numbers
QuarterHolders
Q1 20243
Q2 20245
Q3 20244
Q4 20248
Q1 202510
Q2 202516
Q3 202516
Q4 202518
Q1 202619
Q2 202623

Buyers vs sellers

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

Bought or addedCut or sold out
20020Q3 24: 2 bought or addedQ3 24: 2 cut or sold outQ4 24: 7 bought or addedQ4 24: 2 cut or sold outQ4 24Q1 25: 7 bought or addedQ1 25: 3 cut or sold outQ2 25: 11 bought or addedQ2 25: 3 cut or sold outQ2 25Q3 25: 14 bought or addedQ3 25: 3 cut or sold outQ4 25: 12 bought or addedQ4 25: 5 cut or sold outQ4 25Q1 26: 13 bought or addedQ1 26: 7 cut or sold outQ2 26: 16 bought or addedQ2 26: 8 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202422
Q4 202472
Q1 202573
Q2 2025113
Q3 2025143
Q4 2025125
Q1 2026137
Q2 2026168

Biggest buyers

Cambridge Investment Research Advisors, Inc. Added +170,717+170.7k
MORGAN STANLEY New +53,175+53.2k
Worth Financial Advisory Group, LLC New +29,136+29.1k
FLOW TRADERS U.S. LLC New +28,588+28.6k
BANK OF AMERICA CORP /DE/ Added +17,386+17.4k
STAGE HARBOR FINANCIAL, LLC Added +17,247+17.2k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +13,873+13.9k
CITADEL ADVISORS LLC New +12,358+12.4k
RAYMOND JAMES FINANCIAL INC Added +11,914+11.9k
Broadway Wealth Solutions, Inc. Added +8,425+8.4k

Biggest sellers

NEUBERGER BERMAN GROUP LLC Reduced -4,388,119-4.4m
MOTCO Sold out -66,351-66.4k
LPL Financial LLC Reduced -50,416-50.4k
ROYAL BANK OF CANADA Reduced -25,881-25.9k
EXCHANGE TRADED CONCEPTS, LLC Reduced -24,354-24.4k
JANE STREET GROUP, LLC Sold out -12,964-13.0k
Chevy Chase Trust Holdings, LLC Sold out -11,050-11.1k
OSAIC HOLDINGS, INC. Reduced -8,390-8.4k

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio NEW YORK, NY 747,128747.1k $21.5m $21.5m 0.01% Reduced -4.4m -4,388,119
2 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 285,192285.2k $8.2m $8.2m 0.01% Added +170.7k +170,717
3 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 269,987270.0k $7.8m $7.8m 0.00% Reduced -50.4k -50,416
4 STAGE HARBOR FINANCIAL, LLC 4.22% of their portfolio WESTWOOD, MA 254,627254.6k $7.3m $7.3m 4.22% Added +17.2k +17,247
5 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 226,172226.2k $6.5m $6.5m 0.00% Added +11.9k +11,914
6 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 199,777199.8k $5.7m $5.7m 0.00% Added +17.4k +17,386
7 Broadway Wealth Solutions, Inc. 1.74% of their portfolio San Antonio, TX 129,898129.9k $3.7m $3.7m 1.74% Added +8.4k +8,425
8 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 110,340110.3k $3.1m $3.1m 0.00% Added +1.3k +1,255
9 EXCHANGE TRADED CONCEPTS, LLC 0.02% of their portfolio Oklahoma City, OK 107,783107.8k $3.1m $3.1m 0.02% Reduced -24.4k -24,354
10 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 53,17553.2k $1.5m $1.5m 0.00% New
11 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 47,35147.4k $1.4m $1.4m 0.00% Added +2.5k +2,475
12 Worth Financial Advisory Group, LLC 0.35% of their portfolio CHARLOTTE, NC 29,13629.1k $836.5k $836.5k 0.35% New
13 FLOW TRADERS U.S. LLC 0.03% of their portfolio NEW YORK, NY 28,58828.6k $821.0k $821.0k 0.03% New
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 25,22925.2k $724.0k $724.0k 0.00% Reduced -25.9k -25,881
15 BARNES PETTEY FINANCIAL ADVISORS, LLC 0.15% of their portfolio CLARKSDALE, MS 16,98017.0k $487.5k $487.5k 0.15% Added +6.6k +6,630
16 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 13,87313.9k $398.3k $398.3k 0.00% New
17 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 12,35812.4k $354.8k $354.8k 0.00% New
18 Pathstone Holdings, LLC 0.00% of their portfolio ENGLEWOOD, NJ 11,57011.6k $332.2k $332.2k 0.00% Unchanged
19 BARRETT & COMPANY, INC. 0.03% of their portfolio PROVIDENCE, RI 3,8143.8k $109.5k $109.5k 0.03% Added +488 +488
20 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 3,0983.1k $88.9k $88.9k 0.00% Reduced -8.4k -8,390
21 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 1,4991.5k $43.0k $43.0k 0.00% New
22 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,4911.5k $42.8k $42.8k 0.00% New
23 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 7575 $2.2k $2.2k 0.00% Unchanged