Raymond James Financial Services Advisors Inc. Has $913,000 Stock Position in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Rating) by 63.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 96,723 shares of the company’s stock after buying an additional 37,633 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $913,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Wedbush Securities Inc. increased its position in Neuberger Berman Next Generation Connectivity Fund by 9.1% in the 3rd quarter. Wedbush Securities Inc. now owns 35,093 shares of the company’s stock worth $331,000 after purchasing an additional 2,939 shares during the last quarter. Private Advisor Group LLC increased its position in Neuberger Berman Next Generation Connectivity Fund by 7.2% in the 3rd quarter. Private Advisor Group LLC now owns 94,170 shares of the company’s stock worth $889,000 after purchasing an additional 6,334 shares during the last quarter. Cornerstone Wealth Management LLC acquired a new position in Neuberger Berman Next Generation Connectivity Fund in the 3rd quarter worth about $468,000. Newbridge Financial Services Group Inc. increased its position in Neuberger Berman Next Generation Connectivity Fund by 26.5% in the 3rd quarter. Newbridge Financial Services Group Inc. now owns 17,557 shares of the company’s stock worth $166,000 after purchasing an additional 3,680 shares during the last quarter. Finally, Captrust Financial Advisors acquired a new position in Neuberger Berman Next Generation Connectivity Fund in the 2nd quarter worth about $135,000.

Neuberger Berman Next Generation Connectivity Fund Stock Up 1.7 %

Shares of NBXG stock opened at 9.68 on Friday. Neuberger Berman Next Generation Connectivity Fund Inc. has a fifty-two week low of 8.71 and a fifty-two week high of 15.83. The stock’s 50-day moving average is 9.57 and its two-hundred day moving average is 9.98.

Neuberger Berman Next Generation Connectivity Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Tuesday, January 17th will be issued a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 12.40%. The ex-dividend date is Friday, January 13th.

Neuberger Berman Next Generation Connectivity Fund Profile

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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.