World Investment Advisors LLC Acquires Shares of 28,500 Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

World Investment Advisors LLC acquired a new stake in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 28,500 shares of the company’s stock, valued at approximately $366,000.

A number of other institutional investors have also made changes to their positions in the company. Penserra Capital Management LLC purchased a new position in Neuberger Berman Next Generation Connectivity Fund in the third quarter valued at about $4,317,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 40.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 160,456 shares of the company’s stock valued at $2,059,000 after buying an additional 46,005 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 1.0% in the third quarter. Stifel Financial Corp now owns 131,751 shares of the company’s stock worth $1,690,000 after buying an additional 1,249 shares during the last quarter. Blue Bell Private Wealth Management LLC raised its holdings in Neuberger Berman Next Generation Connectivity Fund by 16.5% in the second quarter. Blue Bell Private Wealth Management LLC now owns 122,462 shares of the company’s stock valued at $1,581,000 after acquiring an additional 17,348 shares in the last quarter. Finally, Private Advisor Group LLC boosted its stake in Neuberger Berman Next Generation Connectivity Fund by 3.6% during the 3rd quarter. Private Advisor Group LLC now owns 100,766 shares of the company’s stock valued at $1,293,000 after acquiring an additional 3,500 shares during the last quarter.

Neuberger Berman Next Generation Connectivity Fund Price Performance

Shares of NBXG stock opened at $12.83 on Thursday. The firm has a fifty day moving average of $13.06 and a two-hundred day moving average of $12.68. Neuberger Berman Next Generation Connectivity Fund Inc. has a 1-year low of $10.56 and a 1-year high of $13.66.

Neuberger Berman Next Generation Connectivity Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.10 dividend. The ex-dividend date is Monday, December 16th.

Neuberger Berman Next Generation Connectivity Fund Company 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.