Stifel Financial Corp Purchases 1,249 Shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

Stifel Financial Corp boosted its holdings in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 1.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 131,751 shares of the company’s stock after purchasing an additional 1,249 shares during the quarter. Stifel Financial Corp’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $1,690,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Walleye Capital LLC bought a new stake in Neuberger Berman Next Generation Connectivity Fund in the third quarter worth $576,000. Penserra Capital Management LLC bought a new stake in shares of Neuberger Berman Next Generation Connectivity Fund in the 3rd quarter worth about $4,317,000. Concorde Asset Management LLC raised its position in shares of Neuberger Berman Next Generation Connectivity Fund by 10.7% during the 3rd quarter. Concorde Asset Management LLC now owns 44,550 shares of the company’s stock valued at $572,000 after buying an additional 4,320 shares in the last quarter. PNC Financial Services Group Inc. raised its position in shares of Neuberger Berman Next Generation Connectivity Fund by 14.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 100,372 shares of the company’s stock valued at $1,288,000 after buying an additional 12,577 shares in the last quarter. Finally, Shaker Financial Services LLC purchased a new position in Neuberger Berman Next Generation Connectivity Fund in the third quarter worth about $326,000.

Neuberger Berman Next Generation Connectivity Fund Price Performance

Shares of NYSE NBXG opened at $12.75 on Friday. Neuberger Berman Next Generation Connectivity Fund Inc. has a 1-year low of $10.56 and a 1-year high of $13.66. The business’s 50 day moving average is $13.05 and its two-hundred day moving average is $12.69.

Neuberger Berman Next Generation Connectivity Fund Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, December 16th.

About Neuberger Berman Next Generation Connectivity Fund

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.