Ignite Planners LLC Lowers Holdings in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

Ignite Planners LLC decreased its position in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 8.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,569 shares of the company’s stock after selling 1,100 shares during the period. Ignite Planners LLC’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $148,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Whittier Trust Co. bought a new position in Neuberger Berman Next Generation Connectivity Fund in the first quarter worth approximately $118,000. Carolinas Wealth Consulting LLC bought a new position in Neuberger Berman Next Generation Connectivity Fund in the second quarter worth approximately $133,000. Prudent Investors Network Inc. bought a new position in Neuberger Berman Next Generation Connectivity Fund in the first quarter worth approximately $146,000. Hartline Investment Corp bought a new position in Neuberger Berman Next Generation Connectivity Fund in the first quarter worth approximately $155,000. Finally, Wealthspire Advisors LLC bought a new position in Neuberger Berman Next Generation Connectivity Fund in the second quarter worth approximately $155,000.

Neuberger Berman Next Generation Connectivity Fund Price Performance

Shares of NYSE:NBXG opened at 12.94 on Wednesday. Neuberger Berman Next Generation Connectivity Fund Inc. has a 52 week low of 9.31 and a 52 week high of 13.43. The firm has a 50 day moving average of 12.25 and a 200 day moving average of 12.24.

Neuberger Berman Next Generation Connectivity Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be paid a $0.10 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 9.27%. The ex-dividend date of this dividend is Tuesday, October 15th.

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.