Sanctuary Advisors LLC Invests $102,000 in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

Sanctuary Advisors LLC purchased a new stake in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 32,330 shares of the company’s stock, valued at approximately $102,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Larson Financial Group LLC boosted its holdings in Neuberger Berman Real Estate Securities Income Fund by 61.1% in the 1st quarter. Larson Financial Group LLC now owns 8,297 shares of the company’s stock worth $28,000 after buying an additional 3,147 shares during the last quarter. Atomi Financial Group Inc. acquired a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the first quarter worth approximately $38,000. Hartline Investment Corp purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the first quarter worth approximately $42,000. Shaker Financial Services LLC acquired a new position in Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at $53,000. Finally, B. Riley Wealth Advisors Inc. lifted its holdings in Neuberger Berman Real Estate Securities Income Fund by 33.3% in the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 20,000 shares of the company’s stock valued at $67,000 after purchasing an additional 5,000 shares in the last quarter.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NRO opened at $3.93 on Tuesday. Neuberger Berman Real Estate Securities Income Fund Inc. has a 52-week low of $2.51 and a 52-week high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

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 dividend of $0.0312 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.37 annualized dividend and a yield of 9.54%.

About Neuberger Berman Real Estate Securities Income Fund

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.