Rockefeller Capital Management L.P. Reduces Holdings in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

Rockefeller Capital Management L.P. decreased its holdings in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 43.9% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 15,867 shares of the company’s stock after selling 12,427 shares during the period. Rockefeller Capital Management L.P.’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $204,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Dakota Wealth Management grew its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 2.9% during the third quarter. Dakota Wealth Management now owns 86,623 shares of the company’s stock worth $1,111,000 after acquiring an additional 2,406 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 15.4% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 20,194 shares of the company’s stock worth $259,000 after purchasing an additional 2,698 shares during the period. Comerica Bank lifted its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 26.3% during the first quarter. Comerica Bank now owns 15,057 shares of the company’s stock worth $177,000 after purchasing an additional 3,132 shares during the period. Private Advisor Group LLC lifted its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 3.6% during the third quarter. Private Advisor Group LLC now owns 100,766 shares of the company’s stock worth $1,293,000 after purchasing an additional 3,500 shares during the period. Finally, AlphaStar Capital Management LLC lifted its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 14.4% during the second quarter. AlphaStar Capital Management LLC now owns 31,276 shares of the company’s stock worth $404,000 after purchasing an additional 3,939 shares during the period.

Neuberger Berman Next Generation Connectivity Fund Stock Up 1.1 %

Neuberger Berman Next Generation Connectivity Fund stock opened at 13.23 on Thursday. Neuberger Berman Next Generation Connectivity Fund Inc. has a 52 week low of 10.48 and a 52 week high of 13.66. The stock has a 50-day moving average price of 13.03 and a 200 day moving average price of 12.64.

Neuberger Berman Next Generation Connectivity Fund Announces Dividend

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

Neuberger Berman Next Generation Connectivity Fund Profile

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.