Soltis Investment Advisors LLC Buys New Shares in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

Soltis Investment Advisors LLC bought a new position in shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 20,640 shares of the company’s stock, valued at approximately $73,000.

A number of other hedge funds have also recently added to or reduced their stakes in NRO. Flagship Harbor Advisors LLC acquired a new stake in shares of Neuberger Berman Real Estate Securities Income Fund during the 4th quarter worth $2,027,000. World Investment Advisors LLC purchased a new stake in Neuberger Berman Real Estate Securities Income Fund during the third quarter valued at about $637,000. SeaCrest Wealth Management LLC increased its stake in Neuberger Berman Real Estate Securities Income Fund by 6.3% during the third quarter. SeaCrest Wealth Management LLC now owns 65,871 shares of the company’s stock worth $271,000 after acquiring an additional 3,885 shares during the last quarter. Private Advisor Group LLC raised its holdings in shares of Neuberger Berman Real Estate Securities Income Fund by 28.0% in the 3rd quarter. Private Advisor Group LLC now owns 50,925 shares of the company’s stock worth $209,000 after purchasing an additional 11,125 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at about $102,000.

Neuberger Berman Real Estate Securities Income Fund Stock Up 0.6 %

Shares of NYSEAMERICAN:NRO opened at $3.29 on Wednesday. Neuberger Berman Real Estate Securities Income Fund Inc. has a 1 year low of $2.99 and a 1 year high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 6th will be paid a dividend of $0.0312 per share. The ex-dividend date is Thursday, February 6th. This represents a $0.37 annualized dividend and a yield of 11.38%.

Neuberger Berman Real Estate Securities Income Fund Profile

Neuberger Berman Real Estate Securities Income Fund, Inc is a closed-ended equity mutual fund launched and managed by Neuberger Berman LLC. It is co-managed by Neuberger Berman Management LLC. The fund invests in the public equity markets of the United States. It typically invests in stocks of companies operating in the real estate sector including real estate investment trusts.