142,798 Shares in Neuberger Berman Municipal Fund Inc. $NBH Acquired by Worthington Financial Partners LLC

Worthington Financial Partners LLC bought a new stake in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 142,798 shares of the company’s stock, valued at approximately $1,445,000. Neuberger Berman Municipal Fund makes up 1.3% of Worthington Financial Partners LLC’s holdings, making the stock its 24th biggest position.

Several other institutional investors also recently modified their holdings of the stock. Pathstone Holdings LLC boosted its stake in shares of Neuberger Berman Municipal Fund by 14.2% during the 3rd quarter. Pathstone Holdings LLC now owns 1,411,760 shares of the company’s stock worth $14,569,000 after acquiring an additional 175,923 shares in the last quarter. Rivernorth Capital Management LLC raised its position in shares of Neuberger Berman Municipal Fund by 15.0% during the fourth quarter. Rivernorth Capital Management LLC now owns 932,084 shares of the company’s stock worth $9,433,000 after purchasing an additional 121,226 shares during the period. Guggenheim Capital LLC raised its position in shares of Neuberger Berman Municipal Fund by 9.9% during the fourth quarter. Guggenheim Capital LLC now owns 761,618 shares of the company’s stock worth $7,708,000 after purchasing an additional 68,682 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of Neuberger Berman Municipal Fund by 30.9% during the fourth quarter. Advisors Asset Management Inc. now owns 737,420 shares of the company’s stock valued at $7,463,000 after purchasing an additional 174,032 shares during the last quarter. Finally, UBS Group AG lifted its holdings in shares of Neuberger Berman Municipal Fund by 9.5% during the third quarter. UBS Group AG now owns 482,242 shares of the company’s stock valued at $4,977,000 after purchasing an additional 41,991 shares during the last quarter.

Insider Buying and Selling at Neuberger Berman Municipal Fund

In other news, major shareholder Of America Corp /De/ Bank bought 3,200 shares of the business’s stock in a transaction on Wednesday, May 20th. The shares were bought at an average cost of $10.26 per share, with a total value of $32,832.00. Following the purchase, the insider directly owned 3,200 shares in the company, valued at $32,832. This trade represents a ? increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Neuberger Berman Municipal Fund Stock Performance

NYSEAMERICAN:NBH opened at $10.42 on Friday. The stock has a fifty day simple moving average of $10.32 and a 200 day simple moving average of $10.30. Neuberger Berman Municipal Fund Inc. has a 1-year low of $9.69 and a 1-year high of $10.64.

Neuberger Berman Municipal Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Tuesday, June 30th will be given a $0.0542 dividend. This represents a c) annualized dividend and a dividend yield of 6.2%. The ex-dividend date of this dividend is Tuesday, June 30th.

Neuberger Berman Municipal Fund Company Profile

Neuberger Berman Municipal Fund (NYSE American: NBH) is a closed-end investment company that seeks to provide shareholders with tax?exempt income by investing primarily in a diversified portfolio of municipal securities. Managed by Neuberger Berman Management LLC, the fund focuses on high?quality state and local government obligations, including general obligation bonds, revenue bonds and essential?purpose debt issued by U.S. municipalities and related entities.

The fund’s portfolio construction emphasizes broad geographic diversification across the United States, targeting sectors such as transportation, education, healthcare and utilities.