Plancorp LLC Purchases 10,000 Shares of Neuberger Berman Municipal Fund Inc. $NBH

Plancorp LLC grew its position in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 25.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 50,009 shares of the company’s stock after acquiring an additional 10,000 shares during the period. Plancorp LLC’s holdings in Neuberger Berman Municipal Fund were worth $492,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Alteri Wealth LLC bought a new position in shares of Neuberger Berman Municipal Fund during the first quarter valued at about $136,000. Nuveen LLC bought a new position in shares of Neuberger Berman Municipal Fund during the first quarter valued at about $217,000. Integrated Capital Management Inc. raised its stake in shares of Neuberger Berman Municipal Fund by 11.0% during the first quarter. Integrated Capital Management Inc. now owns 21,520 shares of the company’s stock valued at $224,000 after acquiring an additional 2,135 shares during the last quarter. Grant GrossMendelsohn LLC raised its stake in shares of Neuberger Berman Municipal Fund by 11.9% during the first quarter. Grant GrossMendelsohn LLC now owns 28,198 shares of the company’s stock valued at $286,000 after acquiring an additional 3,000 shares during the last quarter. Finally, Avior Wealth Management LLC raised its stake in shares of Neuberger Berman Municipal Fund by 49.9% during the first quarter. Avior Wealth Management LLC now owns 30,178 shares of the company’s stock valued at $314,000 after acquiring an additional 10,050 shares during the last quarter.

Neuberger Berman Municipal Fund Stock Down 0.3%

Shares of NYSEAMERICAN:NBH opened at $10.30 on Friday. The company has a 50-day moving average price of $10.00 and a 200-day moving average price of $10.02. Neuberger Berman Municipal Fund Inc. has a 12 month low of $9.47 and a 12 month high of $11.28.

Neuberger Berman Municipal Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th will be paid a $0.0542 dividend. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Tuesday, September 30th.

Neuberger Berman Municipal Fund Profile

Neuberger Berman Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and have remaining maturities of less than 15 years.