Oppenheimer & Co. Inc. Takes $63,000 Position in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

Oppenheimer & Co. Inc. bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 17,881 shares of the company’s stock, valued at approximately $63,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Flagship Harbor Advisors LLC purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the 4th quarter worth $2,027,000. World Investment Advisors LLC purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter worth $637,000. Atria Wealth Solutions Inc. increased its holdings in Neuberger Berman Real Estate Securities Income Fund by 51.5% in the 4th quarter. Atria Wealth Solutions Inc. now owns 148,922 shares of the company’s stock worth $529,000 after acquiring an additional 50,622 shares in the last quarter. Soltis Investment Advisors LLC purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the 4th quarter worth $73,000. Finally, Virtu Financial LLC purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter worth $59,000.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NRO opened at $3.28 on Monday. Neuberger Berman Real Estate Securities Income Fund Inc. has a 52-week low of $2.99 and a 52-week high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be paid a dividend of $0.0312 per share. The ex-dividend date is Monday, March 17th. This represents a $0.37 annualized dividend and a yield of 11.41%.

Neuberger Berman Real Estate Securities Income Fund Company Profile

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.