Neuberger Berman High Yield Strateges Fd (NYSE:NHS) insider Thomas P. Oreilly sold 4,000 shares of the firm’s stock in a transaction dated Thursday, August 10th. The shares were sold at an average price of $11.83, for a total value of $47,320.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Shares of Neuberger Berman High Yield Strateges Fd (NYSE:NHS) traded up 0.29% during mid-day trading on Monday, hitting $11.86. The stock had a trading volume of 61,551 shares. Neuberger Berman High Yield Strateges Fd has a 52 week low of $10.67 and a 52 week high of $12.21. The stock has a 50-day moving average price of $11.92 and a 200 day moving average price of $11.92.

The company also recently announced a monthly dividend, which will be paid on Thursday, August 31st. Shareholders of record on Tuesday, August 15th will be given a dividend of $0.0725 per share. This represents a $0.87 dividend on an annualized basis and a yield of 7.34%. The ex-dividend date is Friday, August 11th.

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A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NHS. Wedbush Securities Inc. raised its position in Neuberger Berman High Yield Strateges Fd by 36.9% in the second quarter. Wedbush Securities Inc. now owns 73,832 shares of the investment management company’s stock worth $878,000 after buying an additional 19,905 shares in the last quarter. Shaker Financial Services LLC raised its position in Neuberger Berman High Yield Strateges Fd by 68.2% in the second quarter. Shaker Financial Services LLC now owns 195,056 shares of the investment management company’s stock worth $2,319,000 after buying an additional 79,085 shares in the last quarter. Sii Investments Inc. WI raised its position in Neuberger Berman High Yield Strateges Fd by 71.6% in the second quarter. Sii Investments Inc. WI now owns 92,523 shares of the investment management company’s stock worth $1,105,000 after buying an additional 38,618 shares in the last quarter. Royal Bank of Canada raised its position in Neuberger Berman High Yield Strateges Fd by 25.2% in the second quarter. Royal Bank of Canada now owns 85,842 shares of the investment management company’s stock worth $1,021,000 after buying an additional 17,274 shares in the last quarter. Finally, Robinson Capital Management LLC raised its position in Neuberger Berman High Yield Strateges Fd by 17.6% in the second quarter. Robinson Capital Management LLC now owns 200,350 shares of the investment management company’s stock worth $2,382,000 after buying an additional 30,000 shares in the last quarter.

About Neuberger Berman High Yield Strateges Fd

Neuberger Berman High Yield Strategies Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks total return (income plus capital appreciation). The Fund normally invests at least 80% of its total assets in high yield debt securities of the United States and foreign issuers, which include securities that are rated below investment grade by a rating agency or are unrated debt securities determined to be of comparable quality by the Fund’s investment manager.

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