Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) Shares Purchased by Claro Advisors LLC

Claro Advisors LLC increased its holdings in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 4.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 54,383 shares of the company’s stock after acquiring an additional 2,559 shares during the period. Claro Advisors LLC’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $639,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Alpine Global Management LLC boosted its position in Neuberger Berman Next Generation Connectivity Fund by 139.1% during the third quarter. Alpine Global Management LLC now owns 55,219 shares of the company’s stock worth $575,000 after purchasing an additional 32,120 shares in the last quarter. Lazard Asset Management LLC boosted its position in Neuberger Berman Next Generation Connectivity Fund by 30.3% during the third quarter. Lazard Asset Management LLC now owns 1,970,374 shares of the company’s stock worth $20,531,000 after purchasing an additional 458,687 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Neuberger Berman Next Generation Connectivity Fund by 7.2% during the third quarter. Advisors Asset Management Inc. now owns 344,843 shares of the company’s stock worth $3,593,000 after purchasing an additional 23,308 shares in the last quarter. 1607 Capital Partners LLC boosted its position in Neuberger Berman Next Generation Connectivity Fund by 8.8% during the third quarter. 1607 Capital Partners LLC now owns 971,523 shares of the company’s stock worth $10,123,000 after purchasing an additional 78,922 shares in the last quarter. Finally, Cornerstone Wealth Management LLC boosted its position in Neuberger Berman Next Generation Connectivity Fund by 10.0% during the fourth quarter. Cornerstone Wealth Management LLC now owns 92,613 shares of the company’s stock worth $1,012,000 after purchasing an additional 8,412 shares in the last quarter.

Neuberger Berman Next Generation Connectivity Fund Stock Up 1.0 %

Shares of NYSE:NBXG traded up 0.13 on Monday, hitting 13.04. The company had a trading volume of 373,700 shares, compared to its average volume of 247,500. Neuberger Berman Next Generation Connectivity Fund Inc. has a 52-week low of 9.31 and a 52-week high of 13.08. The business has a 50 day moving average of 12.20 and a 200 day moving average of 11.73.

Neuberger Berman Next Generation Connectivity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, July 15th will be given a dividend of $0.10 per share. The ex-dividend date is Monday, July 15th. This represents a $1.20 annualized dividend and a yield of 9.20%.

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.