Simplicity Wealth LLC Sells 507,422 Shares of Columbia Short Duration Bond ETF $SBND

Simplicity Wealth LLC decreased its holdings in Columbia Short Duration Bond ETF (NYSEARCA:SBND) by 97.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,045 shares of the company’s stock after selling 507,422 shares during the quarter. Simplicity Wealth LLC owned about 0.13% of Columbia Short Duration Bond ETF worth $257,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SBND. Janney Montgomery Scott LLC increased its position in Columbia Short Duration Bond ETF by 3.4% during the 1st quarter. Janney Montgomery Scott LLC now owns 64,685 shares of the company’s stock valued at $1,215,000 after buying an additional 2,140 shares in the last quarter. Western Wealth Management LLC purchased a new stake in shares of Columbia Short Duration Bond ETF during the first quarter worth about $64,000. Kestra Advisory Services LLC grew its stake in shares of Columbia Short Duration Bond ETF by 267.6% during the first quarter. Kestra Advisory Services LLC now owns 78,661 shares of the company’s stock worth $1,478,000 after acquiring an additional 57,265 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Columbia Short Duration Bond ETF by 1,133.6% during the first quarter. Cetera Investment Advisers now owns 559,822 shares of the company’s stock worth $10,516,000 after acquiring an additional 514,439 shares during the last quarter. Finally, Spartan Wealth Advisory Services LLC acquired a new position in shares of Columbia Short Duration Bond ETF during the first quarter valued at about $10,237,000.

Columbia Short Duration Bond ETF Stock Performance

SBND opened at $18.43 on Friday. The firm’s 50-day moving average price is $18.44 and its 200-day moving average price is $18.72. Columbia Short Duration Bond ETF has a 52-week low of $18.18 and a 52-week high of $19.08.

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.