Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) Shares Bought by Blue Bell Private Wealth Management LLC

Blue Bell Private Wealth Management LLC increased its position in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 201.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 57,581 shares of the company’s stock after buying an additional 38,454 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in Neuberger Berman Municipal Fund were worth $615,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of NBH. International Assets Investment Management LLC raised its holdings in shares of Neuberger Berman Municipal Fund by 947.2% in the fourth quarter. International Assets Investment Management LLC now owns 20,943 shares of the company’s stock worth $2,023,000 after acquiring an additional 18,943 shares during the last quarter. Private Advisor Group LLC purchased a new stake in Neuberger Berman Municipal Fund during the 4th quarter worth $141,000. Matisse Capital acquired a new stake in Neuberger Berman Municipal Fund during the 4th quarter valued at approximately $1,320,000. Robinson Capital Management LLC bought a new stake in shares of Neuberger Berman Municipal Fund in the fourth quarter worth $1,574,000. Finally, Kingswood Wealth Advisors LLC lifted its stake in Neuberger Berman Municipal Fund by 53.9% during the first quarter. Kingswood Wealth Advisors LLC now owns 20,751 shares of the company’s stock worth $217,000 after purchasing an additional 7,270 shares during the last quarter.

Neuberger Berman Municipal Fund Price Performance

Shares of NBH stock opened at $11.02 on Friday. Neuberger Berman Municipal Fund Inc. has a 12-month low of $8.75 and a 12-month high of $11.26.

Neuberger Berman Municipal Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 16th. Shareholders of record on Friday, August 30th will be issued a dividend of $0.0542 per share. The ex-dividend date is Friday, August 30th. This represents a $0.65 annualized dividend and a yield of 5.90%.

Neuberger Berman Municipal Fund Company 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.