Stifel Financial Corp Boosts Stock Position in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

Stifel Financial Corp boosted its stake in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 1.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 131,751 shares of the company’s stock after acquiring an additional 1,249 shares during the quarter. Stifel Financial Corp’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $1,690,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Carolinas Wealth Consulting LLC purchased a new position in Neuberger Berman Next Generation Connectivity Fund during the 2nd quarter valued at $133,000. Wealthspire Advisors LLC bought a new stake in Neuberger Berman Next Generation Connectivity Fund in the second quarter worth $155,000. PFG Investments LLC bought a new stake in Neuberger Berman Next Generation Connectivity Fund during the 2nd quarter valued at about $180,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its stake in Neuberger Berman Next Generation Connectivity Fund by 15.4% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 20,194 shares of the company’s stock valued at $259,000 after purchasing an additional 2,698 shares during the last quarter. Finally, Shaker Financial Services LLC bought a new stake in Neuberger Berman Next Generation Connectivity Fund in the 3rd quarter worth about $326,000.

Neuberger Berman Next Generation Connectivity Fund Stock Up 0.2 %

NYSE:NBXG opened at $12.75 on Friday. Neuberger Berman Next Generation Connectivity Fund Inc. has a 12 month low of $10.56 and a 12 month high of $13.66. The company has a 50 day simple moving average of $13.05 and a two-hundred day simple moving average of $12.69.

Neuberger Berman Next Generation Connectivity Fund Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be given a $0.10 dividend. The ex-dividend date of this dividend is Monday, December 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.