Neuberger Berman Real Estate Securities Income Fund (NYSEAMERICAN:NRO) Shares Pass Above 50-Day Moving Average of $0.00

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) shares crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.00 and traded as high as $3.32. Neuberger Berman Real Estate Securities Income Fund shares last traded at $3.31, with a volume of 52,736 shares trading hands.

Neuberger Berman Real Estate Securities Income Fund Trading Up 0.7 %

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Monday, June 17th will be given a dividend of $0.0312 per share. The ex-dividend date is Monday, June 17th. This represents a $0.37 annualized dividend and a dividend yield of 11.31%.

Institutional Investors Weigh In On Neuberger Berman Real Estate Securities Income Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. SeaCrest Wealth Management LLC boosted its stake in Neuberger Berman Real Estate Securities Income Fund by 36.2% during the 4th quarter. SeaCrest Wealth Management LLC now owns 56,133 shares of the company’s stock valued at $181,000 after purchasing an additional 14,917 shares during the last quarter. Advisor Resource Council bought a new stake in Neuberger Berman Real Estate Securities Income Fund during the first quarter valued at approximately $83,000. L.M. Kohn & Company increased its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 30.9% in the 1st quarter. L.M. Kohn & Company now owns 21,158 shares of the company’s stock worth $71,000 after purchasing an additional 5,000 shares in the last quarter. Hartline Investment Corp purchased a new stake in Neuberger Berman Real Estate Securities Income Fund in the first quarter worth about $42,000. Finally, Larson Financial Group LLC increased its holdings in Neuberger Berman Real Estate Securities Income Fund by 61.1% in the 1st quarter. Larson Financial Group LLC now owns 8,297 shares of the company’s stock worth $28,000 after acquiring an additional 3,147 shares in the last quarter.

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.