Neuberger Berman Energy Infrastructure and Income Fund (NYSEAMERICAN:NML) Stock Price Crosses Above Fifty Day Moving Average of $0.00

Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NMLGet Free Report)’s share price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $0.00 and traded as high as $7.88. Neuberger Berman Energy Infrastructure and Income Fund shares last traded at $7.80, with a volume of 159,431 shares trading hands.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Monday, June 17th will be issued a dividend of $0.0584 per share. This represents a $0.70 annualized dividend and a dividend yield of 8.98%. The ex-dividend date is Monday, June 17th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is currently -227.59%.

Institutional Trading of Neuberger Berman Energy Infrastructure and Income Fund

Institutional investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. lifted its stake in Neuberger Berman Energy Infrastructure and Income Fund by 9.1% in the first quarter. Advisors Asset Management Inc. now owns 1,390,917 shares of the investment management company’s stock valued at $10,251,000 after buying an additional 116,299 shares during the period. Oppenheimer & Co. Inc. raised its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 25.3% during the first quarter. Oppenheimer & Co. Inc. now owns 268,477 shares of the investment management company’s stock worth $1,979,000 after purchasing an additional 54,136 shares during the period. Optimum Investment Advisors raised its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 3.9% during the first quarter. Optimum Investment Advisors now owns 144,690 shares of the investment management company’s stock worth $1,066,000 after purchasing an additional 5,440 shares during the period. Matisse Capital acquired a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund during the fourth quarter worth approximately $2,032,000. Finally, Astoria Portfolio Advisors LLC. raised its position in Neuberger Berman Energy Infrastructure and Income Fund by 15.8% in the 4th quarter. Astoria Portfolio Advisors LLC. now owns 12,664 shares of the investment management company’s stock valued at $83,000 after buying an additional 1,730 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

(Get Free Report)

Neuberger Berman Energy Infrastructure and Income Fund Inc is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies.

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