Larson Financial Group LLC Increases Stock Position in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

Larson Financial Group LLC boosted its stake in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) by 61.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,297 shares of the company’s stock after purchasing an additional 3,147 shares during the quarter. Larson Financial Group LLC’s holdings in Neuberger Berman Real Estate Securities Income Fund were worth $28,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Hartline Investment Corp bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the 1st quarter worth about $42,000. L.M. Kohn & Company boosted its position in 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 valued at $71,000 after buying an additional 5,000 shares during the period. Advisor Resource Council purchased a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the 1st quarter worth approximately $83,000. Finally, SeaCrest Wealth Management LLC lifted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 36.2% in the 4th quarter. SeaCrest Wealth Management LLC now owns 56,133 shares of the company’s stock worth $181,000 after purchasing an additional 14,917 shares during the period.

Neuberger Berman Real Estate Securities Income Fund Stock Up 2.1 %

NYSEAMERICAN:NRO opened at $3.42 on Friday. Neuberger Berman Real Estate Securities Income Fund Inc. has a 52 week low of $2.51 and a 52 week high of $3.45.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, July 15th will be given a dividend of $0.0312 per share. The ex-dividend date is Monday, July 15th. This represents a $0.37 dividend on an annualized basis and a yield of 10.95%.

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.