Concorde Asset Management LLC Decreases Position in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

Concorde Asset Management LLC decreased its stake in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) by 7.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 194,900 shares of the company’s stock after selling 16,000 shares during the period. Concorde Asset Management LLC’s holdings in Neuberger Berman Real Estate Securities Income Fund were worth $801,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Private Advisor Group LLC boosted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 28.0% in the third quarter. Private Advisor Group LLC now owns 50,925 shares of the company’s stock worth $209,000 after buying an additional 11,125 shares during the period. B. Riley Wealth Advisors Inc. boosted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 33.3% in the second quarter. B. Riley Wealth Advisors Inc. now owns 20,000 shares of the company’s stock worth $67,000 after buying an additional 5,000 shares during the period. Trust Investment Advisors purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the second quarter worth about $85,000. SeaCrest Wealth Management LLC boosted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 6.3% in the third quarter. SeaCrest Wealth Management LLC now owns 65,871 shares of the company’s stock worth $271,000 after buying an additional 3,885 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 42.0% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,194 shares of the company’s stock worth $75,000 after acquiring an additional 5,378 shares in the last quarter.

Neuberger Berman Real Estate Securities Income Fund Trading Up 0.7 %

NYSEAMERICAN:NRO opened at $3.80 on Friday. Neuberger Berman Real Estate Securities Income Fund Inc. has a one year low of $2.82 and a one year high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a $0.0312 dividend. This represents a $0.37 annualized dividend and a dividend yield of 9.85%. The ex-dividend date of this dividend is Friday, November 15th.

About Neuberger Berman Real Estate Securities Income Fund

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.