10,295 Shares in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) Purchased by Carolinas Wealth Consulting LLC

Carolinas Wealth Consulting LLC purchased a new stake in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 10,295 shares of the company’s stock, valued at approximately $133,000.

Other hedge funds have also recently bought and sold shares of the company. Karpus Management Inc. grew its position in shares of Neuberger Berman Next Generation Connectivity Fund by 9.1% in the first quarter. Karpus Management Inc. now owns 4,177,887 shares of the company’s stock valued at $49,090,000 after purchasing an additional 349,731 shares during the last quarter. 1607 Capital Partners LLC lifted its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 11.4% during the fourth quarter. 1607 Capital Partners LLC now owns 1,081,969 shares of the company’s stock worth $11,826,000 after buying an additional 110,446 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in shares of Neuberger Berman Next Generation Connectivity Fund by 161.7% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 114,451 shares of the company’s stock valued at $1,478,000 after acquiring an additional 70,710 shares during the period. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of Neuberger Berman Next Generation Connectivity Fund in the second quarter valued at about $785,000. Finally, Bulldog Investors LLP increased its position in Neuberger Berman Next Generation Connectivity Fund by 8.5% during the fourth quarter. Bulldog Investors LLP now owns 636,477 shares of the company’s stock worth $6,957,000 after acquiring an additional 49,931 shares during the period.

Neuberger Berman Next Generation Connectivity Fund Trading Up 1.2 %

Shares of Neuberger Berman Next Generation Connectivity Fund stock opened at 12.42 on Thursday. Neuberger Berman Next Generation Connectivity Fund Inc. has a twelve month low of 9.31 and a twelve month high of 13.43. The company has a 50-day simple moving average of 12.21 and a two-hundred day simple moving average of 12.15.

Neuberger Berman Next Generation Connectivity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a $0.10 dividend. This represents a $1.20 annualized dividend and a dividend yield of 9.66%. The ex-dividend date of this dividend is Monday, September 16th.

About Neuberger Berman Next Generation Connectivity Fund

Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a newly organized, non-diversified, limited term closed-end management investment company focused on next generation mobile network connectivity and technology.

The Fund’s investment strategy focuses on equity securities issued by U.S.