Commonwealth Equity Services LLC Has $454,000 Stock Holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Commonwealth Equity Services LLC raised its holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 188.5% during the fourth quarter, HoldingsChannel reports. The firm owned 51,362 shares of the investment management company’s stock after acquiring an additional 33,560 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $454,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Truist Financial Corp boosted its position in Neuberger Berman Energy Infrastructure and Income Fund by 5.5% during the 4th quarter. Truist Financial Corp now owns 25,578 shares of the investment management company’s stock worth $226,000 after buying an additional 1,330 shares during the period. Oppenheimer & Co. Inc. lifted its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 13.5% during the fourth quarter. Oppenheimer & Co. Inc. now owns 317,607 shares of the investment management company’s stock worth $2,804,000 after purchasing an additional 37,886 shares during the period. Calamos Advisors LLC lifted its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 23.8% during the fourth quarter. Calamos Advisors LLC now owns 49,480 shares of the investment management company’s stock worth $437,000 after purchasing an additional 9,515 shares during the period. Raymond James Financial Inc. acquired a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter valued at $1,615,000. Finally, Kovitz Investment Group Partners LLC bought a new position in Neuberger Berman Energy Infrastructure and Income Fund during the 3rd quarter worth $2,659,000.

Neuberger Berman Energy Infrastructure and Income Fund Stock Performance

NYSEAMERICAN NML opened at $8.02 on Friday. The company has a 50-day moving average of $9.00. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 12 month low of $6.98 and a 12 month high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be paid a $0.0584 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 8.74%. The ex-dividend date is Tuesday, April 15th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is currently -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.