Neuberger Berman Real Estate Securities Income Fund (NYSEAMERICAN:NRO) Shares Pass Above 50-Day Moving Average of $0.00

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $3.29. Neuberger Berman Real Estate Securities Income Fund shares last traded at $3.26, with a volume of 124,569 shares trading hands.

Neuberger Berman Real Estate Securities Income Fund Trading Down 0.9 %

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be paid a dividend of $0.0312 per share. This represents a $0.37 dividend on an annualized basis and a yield of 11.48%. The ex-dividend date is Tuesday, May 14th.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Larson Financial Group LLC increased its stake in Neuberger Berman Real Estate Securities Income Fund by 61.1% during the first quarter. Larson Financial Group LLC now owns 8,297 shares of the company’s stock worth $28,000 after acquiring an additional 3,147 shares during the last quarter. L.M. Kohn & Company lifted its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 30.9% in the 1st quarter. L.M. Kohn & Company now owns 21,158 shares of the company’s stock valued at $71,000 after purchasing an additional 5,000 shares in the last quarter. SeaCrest Wealth Management LLC grew its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 9.5% during the 1st quarter. SeaCrest Wealth Management LLC now owns 61,458 shares of the company’s stock worth $205,000 after purchasing an additional 5,325 shares during the period. Atomi Financial Group Inc. acquired a new stake in Neuberger Berman Real Estate Securities Income Fund during the 1st quarter worth approximately $38,000. Finally, Hartline Investment Corp purchased a new position in Neuberger Berman Real Estate Securities Income Fund in the first quarter valued at approximately $42,000.

Neuberger Berman Real Estate Securities Income Fund Company Profile

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.