Cetera Investment Advisers Purchases 6,761 Shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. $NML

Cetera Investment Advisers lifted its position in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 21.1% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,730 shares of the investment management company’s stock after purchasing an additional 6,761 shares during the quarter. Cetera Investment Advisers’ holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $349,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Farther Finance Advisors LLC acquired a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 1st quarter valued at $36,000. CX Institutional bought a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund during the 1st quarter worth about $45,000. Cary Street Partners Financial LLC bought a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 4th quarter valued at about $97,000. Comerica Bank boosted its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 16.2% in the 4th quarter. Comerica Bank now owns 12,762 shares of the investment management company’s stock valued at $113,000 after purchasing an additional 1,775 shares during the period. Finally, Cresset Asset Management LLC bought a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 4th quarter valued at about $138,000.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

Shares of NYSEAMERICAN:NML opened at $8.41 on Wednesday. The firm has a 50 day moving average of $8.74 and a 200-day moving average of $8.72. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 12 month low of $7.10 and a 12 month high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th were given a $0.0584 dividend. This represents a c) annualized dividend and a yield of 8.3%. The ex-dividend date was Tuesday, July 15th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Company 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.