Neuberger Berman Real Estate Securities Income Fund (NYSEAMERICAN:NRO) Share Price Passes Above Fifty Day Moving Average – Time to Sell?

Shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.00 and traded as high as $3.66. Neuberger Berman Real Estate Securities Income Fund shares last traded at $3.64, with a volume of 104,508 shares.

Neuberger Berman Real Estate Securities Income Fund Trading Down 0.3 %

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be issued a dividend of $0.0312 per share. The ex-dividend date of this dividend is Monday, December 16th.

Institutional Investors Weigh In On Neuberger Berman Real Estate Securities Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. SeaCrest Wealth Management LLC grew its position in Neuberger Berman Real Estate Securities Income Fund by 6.3% in the third quarter. SeaCrest Wealth Management LLC now owns 65,871 shares of the company’s stock valued at $271,000 after acquiring an additional 3,885 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its holdings in Neuberger Berman Real Estate Securities Income Fund by 33.3% in the second quarter. B. Riley Wealth Advisors Inc. now owns 20,000 shares of the company’s stock worth $67,000 after acquiring an additional 5,000 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its stake in Neuberger Berman Real Estate Securities Income Fund by 42.0% in the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 18,194 shares of the company’s stock valued at $75,000 after acquiring an additional 5,378 shares during the period. Fisher Asset Management LLC acquired a new stake in Neuberger Berman Real Estate Securities Income Fund in the 3rd quarter valued at $43,000. Finally, Private Advisor Group LLC increased its stake in Neuberger Berman Real Estate Securities Income Fund by 28.0% during the 3rd quarter. Private Advisor Group LLC now owns 50,925 shares of the company’s stock valued at $209,000 after purchasing an additional 11,125 shares in the last quarter.

About Neuberger Berman Real Estate Securities Income Fund

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.