Tyche Wealth Partners LLC Sells 20,966 Shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Tyche Wealth Partners LLC lowered its stake in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 55.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 17,047 shares of the company’s stock after selling 20,966 shares during the period. Tyche Wealth Partners LLC’s holdings in Neuberger Berman Municipal Fund were worth $176,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Integrated Capital Management Inc. increased its holdings in shares of Neuberger Berman Municipal Fund by 7.8% during the 4th quarter. Integrated Capital Management Inc. now owns 19,385 shares of the company’s stock worth $201,000 after acquiring an additional 1,399 shares during the last quarter. Park Avenue Securities LLC increased its position in Neuberger Berman Municipal Fund by 2.5% during the 4th quarter. Park Avenue Securities LLC now owns 103,522 shares of the company’s stock worth $1,071,000 after buying an additional 2,554 shares during the period. Avior Wealth Management LLC increased its position in Neuberger Berman Municipal Fund by 15.1% during the 4th quarter. Avior Wealth Management LLC now owns 20,128 shares of the company’s stock worth $208,000 after buying an additional 2,642 shares during the period. Farther Finance Advisors LLC bought a new position in Neuberger Berman Municipal Fund during the 3rd quarter worth $36,000. Finally, Walleye Capital LLC bought a new position in Neuberger Berman Municipal Fund during the 3rd quarter worth $129,000.

Neuberger Berman Municipal Fund Stock Performance

NBH stock opened at $10.70 on Friday. Neuberger Berman Municipal Fund Inc. has a fifty-two week low of $10.03 and a fifty-two week high of $11.41.

Neuberger Berman Municipal Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, February 18th. Investors of record on Friday, January 31st will be given a $0.0542 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.08%. The ex-dividend date is Friday, January 31st.

Neuberger Berman Municipal Fund Profile

Neuberger Berman Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and have remaining maturities of less than 15 years.