Sanctuary Advisors LLC Invests $218,000 in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Sanctuary Advisors LLC acquired a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 29,165 shares of the investment management company’s stock, valued at approximately $218,000.

Other institutional investors have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. raised its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 25.3% in the 1st quarter. Oppenheimer & Co. Inc. now owns 268,477 shares of the investment management company’s stock valued at $1,979,000 after purchasing an additional 54,136 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 9.1% in the first quarter. Advisors Asset Management Inc. now owns 1,390,917 shares of the investment management company’s stock worth $10,251,000 after buying an additional 116,299 shares during the last quarter. Cornerstone Wealth Management LLC lifted its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 6.8% during the second quarter. Cornerstone Wealth Management LLC now owns 78,431 shares of the investment management company’s stock worth $627,000 after buying an additional 4,964 shares during the period. Raymond James & Associates grew its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 59.4% during the second quarter. Raymond James & Associates now owns 168,179 shares of the investment management company’s stock valued at $1,345,000 after buying an additional 62,645 shares during the last quarter. Finally, Calamos Advisors LLC grew its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 146.5% during the second quarter. Calamos Advisors LLC now owns 39,889 shares of the investment management company’s stock valued at $319,000 after buying an additional 23,708 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 0.7 %

Shares of NML stock opened at $8.33 on Monday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 1 year low of $6.30 and a 1 year high of $8.59.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a $0.0584 dividend. This represents a $0.70 annualized dividend and a dividend yield of 8.41%. The ex-dividend date of this dividend is Tuesday, October 15th. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is -227.59%.

About Neuberger Berman Energy Infrastructure and Income Fund

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.