Wells Fargo & Company MN Has $13.64 Million Stake in Neuberger Berman High Yield Strateges Fd (NHS)

Wells Fargo & Company MN increased its stake in shares of Neuberger Berman High Yield Strateges Fd (NYSEAMERICAN:NHS) by 22.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,245,773 shares of the investment management company’s stock after purchasing an additional 226,701 shares during the quarter. Wells Fargo & Company MN owned 6.38% of Neuberger Berman High Yield Strateges Fd worth $13,642,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NHS. Oppenheimer & Co. Inc. bought a new position in Neuberger Berman High Yield Strateges Fd in the 3rd quarter valued at $129,000. Proficio Capital Partners LLC bought a new position in Neuberger Berman High Yield Strateges Fd in the 2nd quarter valued at $152,000. Shepherd Kaplan Krochuk LLC grew its position in Neuberger Berman High Yield Strateges Fd by 58.8% in the 2nd quarter. Shepherd Kaplan Krochuk LLC now owns 33,180 shares of the investment management company’s stock valued at $359,000 after acquiring an additional 12,280 shares during the last quarter. SG Americas Securities LLC grew its position in Neuberger Berman High Yield Strateges Fd by 258.8% in the 2nd quarter. SG Americas Securities LLC now owns 34,102 shares of the investment management company’s stock valued at $369,000 after acquiring an additional 24,597 shares during the last quarter. Finally, Fiera Capital Corp bought a new position in Neuberger Berman High Yield Strateges Fd in the 2nd quarter valued at $390,000.

In other Neuberger Berman High Yield Strateges Fd news, insider Bradley Tank acquired 19,532 shares of the business’s stock in a transaction on Friday, November 30th. The shares were bought at an average price of $10.27 per share, with a total value of $200,593.64. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Shares of Neuberger Berman High Yield Strateges Fd stock opened at $10.28 on Friday. Neuberger Berman High Yield Strateges Fd has a 52 week low of $9.97 and a 52 week high of $11.90.

The firm also recently disclosed a monthly dividend, which will be paid on Monday, December 31st. Shareholders of record on Monday, December 17th will be given a $0.0658 dividend. This represents a $0.79 annualized dividend and a yield of 7.68%. The ex-dividend date is Friday, December 14th.

ILLEGAL ACTIVITY NOTICE: This piece was originally posted by American Banking News and is owned by of American Banking News. If you are reading this piece on another publication, it was copied illegally and republished in violation of US & international copyright and trademark laws. The legal version of this piece can be read at https://www.americanbankingnews.com/2018/12/08/wells-fargo-company-mn-has-13-64-million-stake-in-neuberger-berman-high-yield-strateges-fd-nhs.html.

Neuberger Berman High Yield Strateges Fd Company Profile

Neuberger Berman High Yield Strategies Fund Inc is a closed-ended fixed income mutual fund launched by Neuberger Berman LLC. The fund is managed by Neuberger Berman Investment Advisers LLC. It invests in fixed income markets across the globe. The fund typically invests in high yield debt securities of various sectors, such as auto parts and equipment, airlines, automotive, electronics, health services, packaging, telecom-integrated/services, gaming, and gas distribution.

Further Reading: Risk Tolerance

Want to see what other hedge funds are holding NHS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Neuberger Berman High Yield Strateges Fd (NYSEAMERICAN:NHS).

Institutional Ownership by Quarter for Neuberger Berman High Yield Strateges Fd (NYSEAMERICAN:NHS)

Receive News & Ratings for Neuberger Berman High Yield Strateges Fd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Neuberger Berman High Yield Strateges Fd and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply