E&G Advisors LP Sells 3,000 Shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)

E&G Advisors LP trimmed its position in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Rating) by 7.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 37,500 shares of the company’s stock after selling 3,000 shares during the quarter. E&G Advisors LP’s holdings in Neuberger Berman Real Estate Securities Income Fund were worth $187,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Shaker Financial Services LLC bought a new position in Neuberger Berman Real Estate Securities Income Fund in the 4th quarter valued at about $339,000. Mid American Wealth Advisory Group Inc. bought a new position in Neuberger Berman Real Estate Securities Income Fund in the 4th quarter valued at about $176,000. Private Advisor Group LLC bought a new position in Neuberger Berman Real Estate Securities Income Fund in the 4th quarter valued at about $82,000. Wolverine Asset Management LLC bought a new position in Neuberger Berman Real Estate Securities Income Fund in the 4th quarter valued at about $45,000. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in Neuberger Berman Real Estate Securities Income Fund by 49.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 17,414 shares of the company’s stock valued at $92,000 after acquiring an additional 5,772 shares during the period.

Shares of NYSEAMERICAN:NRO opened at $3.96 on Thursday. Neuberger Berman Real Estate Securities Income Fund Inc. has a 12-month low of $3.78 and a 12-month high of $5.30.

The firm also recently announced a monthly dividend, which will be paid on Thursday, June 30th. Shareholders of record on Wednesday, June 15th will be given a dividend of $0.0312 per share. The ex-dividend date is Tuesday, June 14th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 9.45%.

Neuberger Berman Real Estate Securities Income Fund Profile (Get Rating)

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.

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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 Securities Income Fund Inc. (NYSEAMERICAN:NRO – Get Rating).

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