Choreo LLC Takes Position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Choreo LLC bought a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) in the 2nd quarter, Holdings Channel.com reports. The firm bought 44,927 shares of the investment management company’s stock, valued at approximately $359,000.

A number of other hedge funds have also recently bought and sold shares of the company. Calamos Advisors LLC grew its position in Neuberger Berman Energy Infrastructure and Income Fund by 146.5% in the second quarter. Calamos Advisors LLC now owns 39,889 shares of the investment management company’s stock worth $319,000 after buying an additional 23,708 shares during the last quarter. IFG Advisory LLC boosted its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 52.3% during the 2nd quarter. IFG Advisory LLC now owns 71,658 shares of the investment management company’s stock worth $573,000 after acquiring an additional 24,616 shares in the last quarter. Cornerstone Wealth Management LLC grew its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 6.8% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 78,431 shares of the investment management company’s stock worth $627,000 after acquiring an additional 4,964 shares during the last quarter. Optimum Investment Advisors raised its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 3.9% during the first quarter. Optimum Investment Advisors now owns 144,690 shares of the investment management company’s stock worth $1,066,000 after purchasing an additional 5,440 shares during the period. Finally, Raymond James & Associates lifted its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 59.4% during the second quarter. Raymond James & Associates now owns 168,179 shares of the investment management company’s stock valued at $1,345,000 after purchasing an additional 62,645 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Up 1.4 %

NYSEAMERICAN:NML opened at $8.14 on Wednesday. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 1-year low of $6.30 and a 1-year high of $8.24.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Monday, September 16th will be issued a $0.0584 dividend. This represents a $0.70 annualized dividend and a dividend yield of 8.61%. The ex-dividend date of this dividend is Monday, September 16th. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is -227.59%.

About Neuberger Berman Energy Infrastructure and Income Fund

Neuberger Berman Energy Infrastructure and Income Fund Inc is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies.