14,202 Shares in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Purchased by Avantax Advisory Services Inc.

Avantax Advisory Services Inc. acquired a new stake in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 14,202 shares of the company’s stock, valued at approximately $50,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NRO. Fisher Asset Management LLC acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the third quarter valued at $43,000. Larson Financial Group LLC lifted its position in Neuberger Berman Real Estate Securities Income Fund by 45.8% during the 4th quarter. Larson Financial Group LLC now owns 12,100 shares of the company’s stock valued at $43,000 after purchasing an additional 3,803 shares during the period. Virtu Financial LLC bought a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at about $59,000. One Capital Management LLC acquired a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the 4th quarter worth approximately $59,000. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the fourth quarter worth approximately $63,000.

Neuberger Berman Real Estate Securities Income Fund Price Performance

Shares of NRO stock opened at $3.29 on Friday. 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 Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a $0.0312 dividend. The ex-dividend date of this dividend is Monday, March 17th. This represents a $0.37 dividend on an annualized basis and a yield of 11.38%.

Neuberger Berman Real Estate Securities Income Fund 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.