Concorde Asset Management LLC Boosts Holdings in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

Concorde Asset Management LLC lifted its stake in shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) by 10.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 210,900 shares of the company’s stock after buying an additional 19,100 shares during the quarter. Concorde Asset Management LLC’s holdings in Neuberger Berman Real Estate Securities Income Fund were worth $710,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Advisor Resource Council bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the 1st quarter valued at $83,000. Shaker Financial Services LLC bought a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the second quarter valued at approximately $53,000. Hartline Investment Corp purchased a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the first quarter valued at approximately $42,000. Atomi Financial Group Inc. bought a new stake in shares of Neuberger Berman Real Estate Securities Income Fund in the 1st quarter worth approximately $38,000. Finally, SeaCrest Wealth Management LLC grew its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 9.5% in the 1st quarter. SeaCrest Wealth Management LLC now owns 61,458 shares of the company’s stock worth $205,000 after buying an additional 5,325 shares during the last quarter.

Neuberger Berman Real Estate Securities Income Fund Trading Up 1.2 %

Neuberger Berman Real Estate Securities Income Fund stock opened at $4.09 on Thursday. Neuberger Berman Real Estate Securities Income Fund Inc. has a 12 month low of $2.51 and a 12 month high of $4.14.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be given a dividend of $0.0312 per share. This represents a $0.37 annualized dividend and a yield of 9.15%. The ex-dividend date of this dividend is Monday, September 16th.

Neuberger Berman Real Estate Securities Income Fund 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.