E&G Advisors LP Has $46,000 Position in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

E&G Advisors LP lessened its holdings in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) by 21.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,000 shares of the company’s stock after selling 3,500 shares during the quarter. E&G Advisors LP’s holdings in Neuberger Berman Real Estate Securities Income Fund were worth $46,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. B. Riley Wealth Advisors Inc. grew its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 33.3% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 20,000 shares of the company’s stock valued at $67,000 after acquiring an additional 5,000 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter worth about $102,000. SeaCrest Wealth Management LLC raised its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 6.3% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 65,871 shares of the company’s stock worth $271,000 after purchasing an additional 3,885 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 28.0% in the 3rd quarter. Private Advisor Group LLC now owns 50,925 shares of the company’s stock valued at $209,000 after buying an additional 11,125 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its holdings in 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 buying an additional 5,378 shares during the last quarter.

Neuberger Berman Real Estate Securities Income Fund Trading Down 1.8 %

NRO stock opened at $3.35 on Tuesday. Neuberger Berman Real Estate Securities Income Fund Inc. has a 12 month low of $2.99 and a 12 month high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 6th will be given a dividend of $0.0312 per share. This represents a $0.37 annualized dividend and a yield of 11.18%. The ex-dividend date of this dividend is Thursday, February 6th.

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.