GWN Securities Inc. Invests $67,000 in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

GWN Securities Inc. acquired a new position in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 19,700 shares of the company’s stock, valued at approximately $67,000.

Other hedge funds also recently made changes to their positions in the company. Atria Wealth Solutions Inc. boosted its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 51.5% in the fourth quarter. Atria Wealth Solutions Inc. now owns 148,922 shares of the company’s stock worth $529,000 after buying an additional 50,622 shares during the period. Oppenheimer & Co. Inc. acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the fourth quarter worth about $63,000. Fisher Asset Management LLC acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the third quarter worth about $43,000. Cornerstone Advisors LLC acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the fourth quarter worth about $140,000. Finally, Flagship Harbor Advisors LLC acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the fourth quarter worth about $2,027,000.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

Shares of NRO opened at $3.33 on Wednesday. Neuberger Berman Real Estate Securities Income Fund Inc. has a one year low of $2.99 and a one year high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be issued a dividend of $0.0312 per share. This represents a $0.37 annualized dividend and a dividend yield of 11.24%. The ex-dividend date of this dividend is Monday, March 17th.

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.