36,340 Shares in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) Acquired by Kingswood Wealth Advisors LLC

Kingswood Wealth Advisors LLC acquired a new stake in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXGFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 36,340 shares of the company’s stock, valued at approximately $463,000.

A number of other hedge funds have also recently bought and sold shares of NBXG. Stifel Financial Corp grew its stake in Neuberger Berman Next Generation Connectivity Fund by 1.0% in the third quarter. Stifel Financial Corp now owns 131,751 shares of the company’s stock worth $1,690,000 after purchasing an additional 1,249 shares in the last quarter. Walleye Capital LLC acquired a new position in shares of Neuberger Berman Next Generation Connectivity Fund during the third quarter valued at $576,000. Sanctuary Advisors LLC increased its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 20.0% in the 3rd quarter. Sanctuary Advisors LLC now owns 80,287 shares of the company’s stock worth $1,052,000 after acquiring an additional 13,388 shares during the period. PNC Financial Services Group Inc. increased its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 14.3% in the third quarter. PNC Financial Services Group Inc. now owns 100,372 shares of the company’s stock valued at $1,288,000 after purchasing an additional 12,577 shares during the period. Finally, Private Advisor Group LLC raised its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 3.6% during the third quarter. Private Advisor Group LLC now owns 100,766 shares of the company’s stock valued at $1,293,000 after buying an additional 3,500 shares during the last quarter.

Neuberger Berman Next Generation Connectivity Fund Price Performance

Shares of NBXG stock opened at $13.48 on Friday. Neuberger Berman Next Generation Connectivity Fund Inc. has a 12-month low of $10.70 and a 12-month high of $13.75. The business has a 50 day simple moving average of $13.13 and a 200 day simple moving average of $12.73.

Neuberger Berman Next Generation Connectivity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 8.90%. The ex-dividend date of this dividend is Wednesday, January 15th.

About Neuberger Berman Next Generation Connectivity Fund

(Free Report)

Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a newly organized, non-diversified, limited term closed-end management investment company focused on next generation mobile network connectivity and technology.

The Fund’s investment strategy focuses on equity securities issued by U.S.

Further Reading

Want to see what other hedge funds are holding NBXG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXGFree Report).

Institutional Ownership by Quarter for Neuberger Berman Next Generation Connectivity Fund (NYSE:NBXG)

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