Neuberger Berman Real Estate Sec Inc Fd (NRO) Position Lessened by Bank of America Corp DE

Bank of America Corp DE reduced its position in shares of Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO) by 27.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 266,485 shares of the company’s stock after selling 102,400 shares during the period. Bank of America Corp DE’s holdings in Neuberger Berman Real Estate Sec Inc Fd were worth $1,106,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oppenheimer & Co. Inc. boosted its holdings in shares of Neuberger Berman Real Estate Sec Inc Fd by 31.9% during the 4th quarter. Oppenheimer & Co. Inc. now owns 149,351 shares of the company’s stock worth $620,000 after buying an additional 36,100 shares during the period. Doliver Capital Advisors LP boosted its holdings in shares of Neuberger Berman Real Estate Sec Inc Fd by 528.3% during the 4th quarter. Doliver Capital Advisors LP now owns 125,637 shares of the company’s stock worth $521,000 after buying an additional 105,640 shares during the period. Virtu Financial LLC boosted its holdings in shares of Neuberger Berman Real Estate Sec Inc Fd by 85.1% during the 4th quarter. Virtu Financial LLC now owns 29,377 shares of the company’s stock worth $122,000 after buying an additional 13,508 shares during the period. Cohen & Steers Inc. boosted its holdings in shares of Neuberger Berman Real Estate Sec Inc Fd by 0.3% during the 4th quarter. Cohen & Steers Inc. now owns 1,072,450 shares of the company’s stock worth $4,451,000 after buying an additional 3,000 shares during the period. Finally, Bank of Nova Scotia bought a new stake in shares of Neuberger Berman Real Estate Sec Inc Fd during the 4th quarter worth $149,000.

NYSEAMERICAN:NRO opened at $5.03 on Friday. Neuberger Berman Real Estate Sec Inc Fd has a one year low of $3.85 and a one year high of $5.27.

The business also recently announced a monthly dividend, which will be paid on Friday, May 31st. Investors of record on Wednesday, May 15th will be paid a dividend of $0.04 per share. This represents a $0.48 annualized dividend and a yield of 9.54%. The ex-dividend date is Tuesday, May 14th.

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Neuberger Berman Real Estate Sec Inc Fd 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.

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Institutional Ownership by Quarter for Neuberger Berman Real Estate Sec Inc Fd (NYSEAMERICAN:NRO)

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