CX Institutional Buys New Position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

CX Institutional bought a new stake in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 5,000 shares of the investment management company’s stock, valued at approximately $45,000.

Several other institutional investors also recently added to or reduced their stakes in the business. Truist Financial Corp raised its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 5.5% during the fourth quarter. Truist Financial Corp now owns 25,578 shares of the investment management company’s stock valued at $226,000 after buying an additional 1,330 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in Neuberger Berman Energy Infrastructure and Income Fund by 13.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 317,607 shares of the investment management company’s stock valued at $2,804,000 after acquiring an additional 37,886 shares during the period. Raymond James Financial Inc. bought a new position in Neuberger Berman Energy Infrastructure and Income Fund during the fourth quarter valued at about $1,615,000. Commonwealth Equity Services LLC raised its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 188.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 51,362 shares of the investment management company’s stock valued at $454,000 after acquiring an additional 33,560 shares in the last quarter. Finally, Optimum Investment Advisors raised its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 0.8% in the 4th quarter. Optimum Investment Advisors now owns 136,610 shares of the investment management company’s stock valued at $1,206,000 after acquiring an additional 1,120 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 0.6%

NYSEAMERICAN NML opened at $8.86 on Wednesday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 1-year low of $7.10 and a 1-year high of $9.51. The stock’s 50 day moving average is $8.49 and its two-hundred day moving average is $8.66.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, June 30th. Investors of record on Monday, June 16th will be given a dividend of $0.0584 per share. This represents a $0.70 dividend on an annualized basis and a dividend yield of 7.91%. The ex-dividend date is Monday, June 16th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is currently -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Profile

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.