Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) Shares Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC raised its stake in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 20.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 80,287 shares of the company’s stock after purchasing an additional 13,388 shares during the quarter. Sanctuary Advisors LLC’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $1,052,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Concorde Asset Management LLC boosted its holdings in Neuberger Berman Next Generation Connectivity Fund by 63.2% in the second quarter. Concorde Asset Management LLC now owns 40,230 shares of the company’s stock valued at $519,000 after acquiring an additional 15,580 shares during the last quarter. Stifel Financial Corp raised its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 1.0% in the 3rd quarter. Stifel Financial Corp now owns 131,751 shares of the company’s stock worth $1,690,000 after purchasing an additional 1,249 shares during the period. Commonwealth Equity Services LLC lifted its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 43.7% in the 2nd quarter. Commonwealth Equity Services LLC now owns 28,278 shares of the company’s stock valued at $365,000 after purchasing an additional 8,596 shares in the last quarter. Carolinas Wealth Consulting LLC purchased a new stake in shares of Neuberger Berman Next Generation Connectivity Fund during the 2nd quarter worth about $133,000. Finally, Wealthspire Advisors LLC acquired a new stake in Neuberger Berman Next Generation Connectivity Fund during the 2nd quarter worth approximately $155,000.

Neuberger Berman Next Generation Connectivity Fund Trading Up 0.2 %

NBXG stock opened at $12.75 on Friday. Neuberger Berman Next Generation Connectivity Fund Inc. has a 1 year low of $10.56 and a 1 year high of $13.66. The stock has a 50-day simple moving average of $13.05 and a 200-day simple moving average of $12.69.

Neuberger Berman Next Generation Connectivity Fund Announces Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be paid a dividend of $0.10 per share. The ex-dividend date is Monday, December 16th.

Neuberger Berman Next Generation Connectivity Fund Company Profile

Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a newly organized, non-diversified, limited term closed-end management investment company focused on next generation mobile network connectivity and technology.

The Fund’s investment strategy focuses on equity securities issued by U.S.