Ignite Planners LLC Acquires 1,307 Shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

Ignite Planners LLC increased its holdings in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 8.5% during the second quarter, Holdings Channel reports. The fund owned 16,726 shares of the company’s stock after purchasing an additional 1,307 shares during the period. Ignite Planners LLC’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $179,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Eudaimonia Partners LLC boosted its position in Neuberger Berman Next Generation Connectivity Fund by 5.8% in the 1st quarter. Eudaimonia Partners LLC now owns 19,005 shares of the company’s stock valued at $198,000 after buying an additional 1,049 shares during the last quarter. Harbour Investments Inc. boosted its position in shares of Neuberger Berman Next Generation Connectivity Fund by 12.3% in the 1st quarter. Harbour Investments Inc. now owns 10,695 shares of the company’s stock worth $111,000 after purchasing an additional 1,175 shares during the last quarter. Kestra Private Wealth Services LLC boosted its position in shares of Neuberger Berman Next Generation Connectivity Fund by 12.1% in the 1st quarter. Kestra Private Wealth Services LLC now owns 11,398 shares of the company’s stock worth $159,000 after purchasing an additional 1,231 shares during the last quarter. IFP Advisors Inc boosted its position in shares of Neuberger Berman Next Generation Connectivity Fund by 12.4% in the 1st quarter. IFP Advisors Inc now owns 13,702 shares of the company’s stock worth $274,000 after purchasing an additional 1,511 shares during the last quarter. Finally, First Republic Investment Management Inc. boosted its position in shares of Neuberger Berman Next Generation Connectivity Fund by 3.9% in the 2nd quarter. First Republic Investment Management Inc. now owns 55,941 shares of the company’s stock worth $555,000 after purchasing an additional 2,106 shares during the last quarter.

Neuberger Berman Next Generation Connectivity Fund Stock Performance

NYSE:NBXG opened at 10.63 on Tuesday. Neuberger Berman Next Generation Connectivity Fund Inc. has a 12-month low of 7.70 and a 12-month high of 11.31. The stock’s fifty day simple moving average is 10.81 and its 200-day simple moving average is 10.37.

Neuberger Berman Next Generation Connectivity Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 29th. Investors of record on Friday, September 15th will be paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 11.29%. The ex-dividend date is Thursday, September 14th.

Neuberger Berman Next Generation Connectivity Fund Profile

Neuberger Berman Next Generation Connectivity Fund Inc (NBXG) is a newly organized, non-diversified, limited term closed-end management investment company focused on next generation mobile network connectivity and technology.

The Fund’s investment strategy focuses on equity securities issued by U.S.