Steward Partners Investment Advisory LLC Purchases 1,500 Shares of Neuberger Berman New York Municipal Fund, Inc. (NYSEAMERICAN:NBO)

Steward Partners Investment Advisory LLC grew its position in shares of Neuberger Berman New York Municipal Fund, Inc. (NYSEAMERICAN:NBOGet Rating) by 25.0% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 7,500 shares of the company’s stock after purchasing an additional 1,500 shares during the period. Steward Partners Investment Advisory LLC’s holdings in Neuberger Berman New York Municipal Fund were worth $87,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in NBO. Hennion & Walsh Asset Management Inc. lifted its stake in shares of Neuberger Berman New York Municipal Fund by 1.1% in the 1st quarter. Hennion & Walsh Asset Management Inc. now owns 93,245 shares of the company’s stock valued at $1,082,000 after acquiring an additional 1,012 shares during the last quarter. Karpus Management Inc. lifted its stake in shares of Neuberger Berman New York Municipal Fund by 1.2% in the 4th quarter. Karpus Management Inc. now owns 403,761 shares of the company’s stock valued at $5,249,000 after acquiring an additional 4,763 shares during the last quarter. Matisse Capital lifted its stake in shares of Neuberger Berman New York Municipal Fund by 3.2% in the 4th quarter. Matisse Capital now owns 66,222 shares of the company’s stock valued at $861,000 after acquiring an additional 2,074 shares during the last quarter. Advisor Group Holdings Inc. lifted its stake in shares of Neuberger Berman New York Municipal Fund by 44.5% in the 4th quarter. Advisor Group Holdings Inc. now owns 7,668 shares of the company’s stock valued at $100,000 after acquiring an additional 2,360 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in shares of Neuberger Berman New York Municipal Fund by 42.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 42,700 shares of the company’s stock valued at $555,000 after acquiring an additional 12,825 shares during the last quarter.

Neuberger Berman New York Municipal Fund Price Performance

Shares of NYSEAMERICAN:NBO opened at $10.53 on Wednesday. Neuberger Berman New York Municipal Fund, Inc. has a 1 year low of $9.41 and a 1 year high of $13.49.

Neuberger Berman New York Municipal Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, August 15th. Investors of record on Friday, July 29th will be issued a dividend of $0.0393 per share. The ex-dividend date is Thursday, July 28th. This represents a $0.47 dividend on an annualized basis and a yield of 4.48%.

About Neuberger Berman New York Municipal Fund

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Neuberger Berman New York Municipal Fund, Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman Management LLC. The fund is co-managed by Neuberger Berman LLC. It invests in the fixed income markets of the United States. The fund primarily invests in tax-exempt municipal bonds with remaining maturities of less than 15 years.

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Institutional Ownership by Quarter for Neuberger Berman New York Municipal Fund (NYSEAMERICAN:NBO)

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