Wells Fargo & Company MN Has $7.85 Million Holdings in Neuberger Berman MLP Income Fund Inc (NYSE:NML)

Wells Fargo & Company MN lowered its stake in Neuberger Berman MLP Income Fund Inc (NYSE:NML) by 5.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 815,782 shares of the investment management company’s stock after selling 48,542 shares during the quarter. Wells Fargo & Company MN owned about 1.44% of Neuberger Berman MLPome Fund worth $7,849,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. IFP Advisors Inc increased its position in shares of Neuberger Berman MLPome Fund by 22.1% in the 2nd quarter. IFP Advisors Inc now owns 27,582 shares of the investment management company’s stock valued at $265,000 after buying an additional 5,000 shares in the last quarter. Hollow Brook Wealth Management LLC increased its holdings in Neuberger Berman MLPome Fund by 2.0% during the 2nd quarter. Hollow Brook Wealth Management LLC now owns 28,827 shares of the investment management company’s stock worth $277,000 after purchasing an additional 558 shares in the last quarter. BB&T Securities LLC increased its holdings in Neuberger Berman MLPome Fund by 50.8% during the 2nd quarter. BB&T Securities LLC now owns 54,451 shares of the investment management company’s stock worth $523,000 after purchasing an additional 18,334 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in Neuberger Berman MLPome Fund by 7.7% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 64,213 shares of the investment management company’s stock worth $618,000 after purchasing an additional 4,577 shares in the last quarter. Finally, Private Advisor Group LLC increased its holdings in Neuberger Berman MLPome Fund by 471.8% during the 2nd quarter. Private Advisor Group LLC now owns 74,331 shares of the investment management company’s stock worth $718,000 after purchasing an additional 61,331 shares in the last quarter.

Neuberger Berman MLP Income Fund Inc (NML) opened at 9.39 on Tuesday. Neuberger Berman MLP Income Fund Inc has a 12-month low of $8.31 and a 12-month high of $10.69. The firm’s 50-day moving average price is $9.43 and its 200-day moving average price is $9.55.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, October 16th will be given a dividend of $0.055 per share. The ex-dividend date of this dividend is Friday, October 13th. This represents a $0.66 annualized dividend and a yield of 7.03%.

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About Neuberger Berman MLPome Fund

Neuberger Berman MLP Income Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks to provide total return with an emphasis on cash distributions. The Fund has assembled a portfolio that focuses on Master Limited Partnerships (MLPs) and selects companies that have economic characteristics substantially similar to MLPs.

Institutional Ownership by Quarter for Neuberger Berman MLPome Fund (NYSE:NML)

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