145,113 Shares in Neuberger Berman Real Estate Securities Income Fund Inc. $NRO Purchased by Wolverine Asset Management LLC

Wolverine Asset Management LLC acquired a new position in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 145,113 shares of the company’s stock, valued at approximately $467,000.

Several other hedge funds have also recently bought and sold shares of the business. K2 Principal Fund L.P. acquired a new position in Neuberger Berman Real Estate Securities Income Fund in the 1st quarter worth about $34,000. Fingerlakes Wealth Management Inc. acquired a new position in Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter worth about $42,000. First Manhattan CO. LLC. acquired a new position in Neuberger Berman Real Estate Securities Income Fund in the 1st quarter worth about $46,000. PNC Financial Services Group Inc. increased its position in Neuberger Berman Real Estate Securities Income Fund by 479.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 17,489 shares of the company’s stock worth $58,000 after purchasing an additional 14,469 shares during the last quarter. Finally, Compound Planning Inc. increased its position in Neuberger Berman Real Estate Securities Income Fund by 31.0% in the 1st quarter. Compound Planning Inc. now owns 19,000 shares of the company’s stock worth $63,000 after purchasing an additional 4,500 shares during the last quarter.

Neuberger Berman Real Estate Securities Income Fund Stock Up 0.9%

Shares of NRO stock opened at $3.21 on Monday. Neuberger Berman Real Estate Securities Income Fund Inc. has a fifty-two week low of $2.75 and a fifty-two week high of $3.98. The stock’s 50-day moving average is $3.23 and its two-hundred day moving average is $3.22.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, November 17th will be given a $0.0312 dividend. This represents a c) annualized dividend and a yield of 11.7%. The ex-dividend date of this dividend is Monday, November 17th.

Neuberger Berman Real Estate Securities Income Fund Company 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.