Oppenheimer & Co. Inc. Has $943,000 Stock Holdings in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

Oppenheimer & Co. Inc. reduced its stake in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 2.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 73,500 shares of the company’s stock after selling 1,890 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $943,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Carolinas Wealth Consulting LLC acquired a new position in shares of Neuberger Berman Next Generation Connectivity Fund in the 2nd quarter valued at approximately $133,000. Prudent Investors Network Inc. bought a new stake in shares of Neuberger Berman Next Generation Connectivity Fund during the first quarter worth $146,000. Wealthspire Advisors LLC acquired a new stake in shares of Neuberger Berman Next Generation Connectivity Fund during the second quarter worth $155,000. Comerica Bank lifted its position in Neuberger Berman Next Generation Connectivity Fund by 26.3% in the 1st quarter. Comerica Bank now owns 15,057 shares of the company’s stock valued at $177,000 after acquiring an additional 3,132 shares in the last quarter. Finally, PFG Investments LLC acquired a new position in Neuberger Berman Next Generation Connectivity Fund in the 2nd quarter worth $180,000.

Neuberger Berman Next Generation Connectivity Fund Price Performance

NBXG opened at 13.08 on Wednesday. The business’s 50-day moving average price is 12.81 and its two-hundred day moving average price is 12.51. Neuberger Berman Next Generation Connectivity Fund Inc. has a 1 year low of 10.48 and a 1 year high of 13.43.

Neuberger Berman Next Generation Connectivity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a $0.10 dividend. This represents a $1.20 annualized dividend and a yield of 9.17%. The ex-dividend date is Friday, November 15th.

Neuberger Berman Next Generation Connectivity Fund 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.