Cornerstone Wealth Management LLC Has $766,000 Holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Cornerstone Wealth Management LLC increased its holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 10.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,768 shares of the investment management company’s stock after buying an additional 7,942 shares during the period. Cornerstone Wealth Management LLC’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $766,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in NML. Penserra Capital Management LLC acquired a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund in the 3rd quarter valued at approximately $4,674,000. Kovitz Investment Group Partners LLC bought a new position in Neuberger Berman Energy Infrastructure and Income Fund in the third quarter valued at approximately $2,659,000. Sanctuary Advisors LLC acquired a new position in Neuberger Berman Energy Infrastructure and Income Fund during the second quarter valued at approximately $218,000. Oppenheimer & Co. Inc. lifted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 1.3% during the third quarter. Oppenheimer & Co. Inc. now owns 279,721 shares of the investment management company’s stock worth $2,294,000 after purchasing an additional 3,492 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 0.4% in the 3rd quarter. Stifel Financial Corp now owns 315,280 shares of the investment management company’s stock valued at $2,585,000 after purchasing an additional 1,171 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

Neuberger Berman Energy Infrastructure and Income Fund stock opened at $9.35 on Friday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 52 week low of $6.33 and a 52 week high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a $0.0584 dividend. The ex-dividend date of this dividend is Wednesday, January 15th. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.50%. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is currently -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Profile

Neuberger Berman Energy Infrastructure and Income Fund Inc is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies.