Advisor Resource Council Acquires Shares of 25,905 Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

Advisor Resource Council acquired a new stake in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 25,905 shares of the company’s stock, valued at approximately $83,000.

Separately, SeaCrest Wealth Management LLC lifted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 36.2% during the fourth quarter. SeaCrest Wealth Management LLC now owns 56,133 shares of the company’s stock worth $181,000 after purchasing an additional 14,917 shares during the last quarter.

Neuberger Berman Real Estate Securities Income Fund Stock Down 0.3 %

Shares of NRO stock traded down $0.01 during trading hours on Thursday, hitting $3.36. 61,751 shares of the company were exchanged, compared to its average volume of 181,724. Neuberger Berman Real Estate Securities Income Fund Inc. has a one year low of $2.51 and a one year high of $3.45.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, July 15th will be paid a dividend of $0.0312 per share. The ex-dividend date of this dividend is Monday, July 15th. This represents a $0.37 annualized dividend and a yield of 11.14%.

Neuberger Berman Real Estate Securities Income Fund Profile

Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.