Comerica Bank Buys 1,775 Shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

Comerica Bank lifted its holdings in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 16.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,762 shares of the investment management company’s stock after buying an additional 1,775 shares during the quarter. Comerica Bank’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $113,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Truist Financial Corp lifted its position in Neuberger Berman Energy Infrastructure and Income Fund by 5.5% during the fourth quarter. Truist Financial Corp now owns 25,578 shares of the investment management company’s stock valued at $226,000 after purchasing an additional 1,330 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in Neuberger Berman Energy Infrastructure and Income Fund by 188.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 51,362 shares of the investment management company’s stock valued at $454,000 after purchasing an additional 33,560 shares in the last quarter. LPL Financial LLC increased its stake in Neuberger Berman Energy Infrastructure and Income Fund by 22.9% during the fourth quarter. LPL Financial LLC now owns 86,132 shares of the investment management company’s stock worth $761,000 after acquiring an additional 16,034 shares during the last quarter. Mark Sheptoff Financial Planning LLC bought a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter worth $144,000. Finally, Arete Wealth Advisors LLC grew its holdings in Neuberger Berman Energy Infrastructure and Income Fund by 6.5% during the 4th quarter. Arete Wealth Advisors LLC now owns 33,000 shares of the investment management company’s stock valued at $291,000 after purchasing an additional 2,000 shares during the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Stock Up 0.3%

NML stock opened at $8.74 on Monday. The firm’s 50-day moving average is $8.53 and its 200 day moving average is $8.60. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 12 month low of $7.10 and a 12 month high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a $0.0584 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 8.02%. The ex-dividend date of this dividend is Thursday, May 15th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is currently -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.