GWN Securities Inc. Purchases New Shares in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

GWN Securities Inc. purchased a new stake in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) in the 4th quarter, HoldingsChannel.com reports. The fund purchased 32,851 shares of the company’s stock, valued at approximately $448,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Harbour Investments Inc. raised its position in Neuberger Berman Next Generation Connectivity Fund by 8.2% in the 4th quarter. Harbour Investments Inc. now owns 11,570 shares of the company’s stock valued at $147,000 after purchasing an additional 875 shares during the last quarter. Commonwealth Equity Services LLC raised its position in Neuberger Berman Next Generation Connectivity Fund by 5.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 23,319 shares of the company’s stock valued at $297,000 after purchasing an additional 1,225 shares during the last quarter. Flagship Harbor Advisors LLC raised its position in Neuberger Berman Next Generation Connectivity Fund by 9.4% during the 4th quarter. Flagship Harbor Advisors LLC now owns 27,115 shares of the company’s stock worth $345,000 after buying an additional 2,333 shares during the last quarter. World Investment Advisors LLC purchased a new position in Neuberger Berman Next Generation Connectivity Fund during the 3rd quarter worth $366,000. Finally, Kavar Capital Partners Group LLC purchased a new position in Neuberger Berman Next Generation Connectivity Fund during the 4th quarter worth $403,000.

Neuberger Berman Next Generation Connectivity Fund Stock Performance

Shares of Neuberger Berman Next Generation Connectivity Fund stock opened at $12.48 on Monday. Neuberger Berman Next Generation Connectivity Fund Inc. has a one year low of $10.70 and a one year high of $13.86. The firm has a fifty day moving average of $13.19 and a two-hundred day moving average of $12.97.

Neuberger Berman Next Generation Connectivity Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be given a dividend of $0.10 per share. The ex-dividend date is Monday, March 17th. This represents a $1.20 dividend on an annualized basis and a yield of 9.62%.

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.