Advisors Asset Management Inc. raised its position in shares of Neuberger Berman Real Estate Sec Inc Fd (NYSEMKT:NRO) by 54.2% during the second quarter, Holdings Channel reports. The institutional investor owned 1,622,559 shares of the company’s stock after buying an additional 570,431 shares during the period. Advisors Asset Management Inc.’s holdings in Neuberger Berman Real Estate Sec Inc Fd were worth $8,762,000 at the end of the most recent reporting period.

Neuberger Berman Real Estate Sec Inc Fd (NYSEMKT:NRO) opened at 5.40 on Tuesday. The company has a 50-day moving average price of $5.45 and a 200-day moving average price of $5.35. Neuberger Berman Real Estate Sec Inc Fd has a one year low of $4.96 and a one year high of $5.92.

The firm also recently declared a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be given a $0.045 dividend. This represents a $0.54 annualized dividend and a dividend yield of 10.00%. The ex-dividend date is Friday, August 11th.

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About Neuberger Berman Real Estate Sec Inc Fd

Neuberger Berman Real Estate Securities Income Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks to provide high current income with capital appreciation as a secondary objective. It has a portfolio with a mix of equity securities of real estate investment trusts (REITs) and other real estate companies.

Want to see what other hedge funds are holding NRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Neuberger Berman Real Estate Sec Inc Fd (NYSEMKT:NRO).

Institutional Ownership by Quarter for Neuberger Berman Real Estate Sec Inc Fd (NYSEMKT:NRO)

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