Neuberger Berman Real Estate Securities Income Fund (NYSEAMERICAN:NRO) Shares Cross Above 50 Day Moving Average of $0.00

Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $0.00 and traded as high as $3.05. Neuberger Berman Real Estate Securities Income Fund shares last traded at $3.04, with a volume of 240,956 shares traded.

Neuberger Berman Real Estate Securities Income Fund Trading Up 0.5 %

Neuberger Berman Real Estate Securities Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be given a dividend of $0.0312 per share. This represents a $0.37 annualized dividend and a yield of 12.34%. The ex-dividend date of this dividend is Friday, April 12th.

Institutional Trading of Neuberger Berman Real Estate Securities Income Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Stifel Financial Corp acquired a new position in Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at $32,000. United Capital Financial Advisers LLC bought a new stake in Neuberger Berman Real Estate Securities Income Fund during the fourth quarter worth about $34,000. Arete Wealth Advisors LLC acquired a new stake in Neuberger Berman Real Estate Securities Income Fund during the first quarter worth about $47,000. Jane Street Group LLC bought a new position in Neuberger Berman Real Estate Securities Income Fund in the 1st quarter valued at about $55,000. Finally, Northern Trust Corp acquired a new position in shares of Neuberger Berman Real Estate Securities Income Fund in the 2nd quarter valued at approximately $56,000.

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.