Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) Shares Sold by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC trimmed its holdings in Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) by 24.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,295 shares of the company’s stock after selling 3,750 shares during the period. Arete Wealth Advisors LLC’s holdings in Neuberger Berman Real Estate Securities Income Fund were worth $46,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Fisher Asset Management LLC acquired a new position in Neuberger Berman Real Estate Securities Income Fund during the third quarter worth $43,000. Shaker Financial Services LLC purchased a new position in shares of Neuberger Berman Real Estate Securities Income Fund during the 2nd quarter worth $53,000. B. Riley Wealth Advisors Inc. boosted its position in shares of Neuberger Berman Real Estate Securities Income Fund by 33.3% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 20,000 shares of the company’s stock valued at $67,000 after acquiring an additional 5,000 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its holdings in shares of 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 purchasing an additional 5,378 shares during the period. Finally, Trust Investment Advisors acquired a new stake in Neuberger Berman Real Estate Securities Income Fund during the second quarter worth about $85,000.

Neuberger Berman Real Estate Securities Income Fund Stock Performance

NYSEAMERICAN:NRO opened at $3.64 on Friday. Neuberger Berman Real Estate Securities Income Fund Inc. has a 1-year low of $2.99 and a 1-year high of $4.15.

Neuberger Berman Real Estate Securities Income Fund Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be given a $0.0312 dividend. The ex-dividend date is Monday, December 16th.

Neuberger Berman Real Estate Securities Income Fund Profile

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.