Bfsg LLC Decreases Holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Bfsg LLC lessened its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 15.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 10,740 shares of the investment management company’s stock after selling 2,010 shares during the period. Bfsg LLC’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $86,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Astoria Portfolio Advisors LLC. boosted its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 15.8% in the 4th quarter. Astoria Portfolio Advisors LLC. now owns 12,664 shares of the investment management company’s stock valued at $83,000 after purchasing an additional 1,730 shares during the period. Calamos Advisors LLC grew its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 146.5% during the second quarter. Calamos Advisors LLC now owns 39,889 shares of the investment management company’s stock worth $319,000 after buying an additional 23,708 shares during the last quarter. Cornerstone Wealth Management LLC increased its position in Neuberger Berman Energy Infrastructure and Income Fund by 6.8% in the 2nd quarter. Cornerstone Wealth Management LLC now owns 78,431 shares of the investment management company’s stock valued at $627,000 after acquiring an additional 4,964 shares during the period. Optimum Investment Advisors lifted its position in Neuberger Berman Energy Infrastructure and Income Fund by 3.9% during the 1st quarter. Optimum Investment Advisors now owns 144,690 shares of the investment management company’s stock worth $1,066,000 after acquiring an additional 5,440 shares during the period. Finally, Raymond James & Associates grew its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 59.4% in the 2nd quarter. Raymond James & Associates now owns 168,179 shares of the investment management company’s stock valued at $1,345,000 after purchasing an additional 62,645 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 0.7 %

Shares of NYSEAMERICAN:NML traded down $0.06 during midday trading on Friday, hitting $8.09. The stock had a trading volume of 74,673 shares, compared to its average volume of 224,519. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 1 year low of $6.30 and a 1 year high of $8.24.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Thursday, August 15th will be issued a $0.0584 dividend. This represents a $0.70 annualized dividend and a yield of 8.66%. The ex-dividend date of this dividend is Thursday, August 15th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio (DPR) is -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Profile

Neuberger Berman Energy Infrastructure and Income Fund Inc is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies.