E&G Advisors LP Sells 3,000 Shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

E&G Advisors LP lessened its position in shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Rating) by 7.4% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 37,500 shares of the company’s stock after selling 3,000 shares during the period. E&G Advisors LP’s holdings in Neuberger Berman Real Estate Securities Income Fund were worth $187,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wolverine Asset Management LLC bought a new position in Neuberger Berman Real Estate Securities Income Fund during the fourth quarter worth $45,000. Private Advisor Group LLC bought a new position in Neuberger Berman Real Estate Securities Income Fund during the fourth quarter worth $82,000. Cetera Advisor Networks LLC bought a new position in Neuberger Berman Real Estate Securities Income Fund during the third quarter worth $76,000. Cambridge Investment Research Advisors Inc. raised its stake in Neuberger Berman Real Estate Securities Income Fund by 49.6% during the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 17,414 shares of the company’s stock worth $92,000 after buying an additional 5,772 shares during the last quarter. Finally, Moors & Cabot Inc. bought a new position in Neuberger Berman Real Estate Securities Income Fund during the third quarter worth $25,000.

Shares of NYSEAMERICAN NRO opened at $3.96 on Thursday. Neuberger Berman Real Estate Securities Income Fund Inc. has a twelve month low of $3.78 and a twelve month high of $5.30.

The business also recently declared a monthly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th will be issued a $0.0312 dividend. This represents a $0.37 dividend on an annualized basis and a yield of 9.45%. The ex-dividend date of this dividend is Tuesday, June 14th.

Neuberger Berman Real Estate Securities Income Fund Profile (Get Rating)

Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.

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