Wealth Enhancement Advisory Services LLC Has $2.06 Million Stock Position in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

Wealth Enhancement Advisory Services LLC grew its position in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 40.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 160,456 shares of the company’s stock after purchasing an additional 46,005 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $2,059,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Dakota Wealth Management grew its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 2.9% in the 3rd quarter. Dakota Wealth Management now owns 86,623 shares of the company’s stock valued at $1,111,000 after buying an additional 2,406 shares in the last quarter. Private Advisor Group LLC lifted its stake in Neuberger Berman Next Generation Connectivity Fund by 3.6% in the third quarter. Private Advisor Group LLC now owns 100,766 shares of the company’s stock valued at $1,293,000 after acquiring an additional 3,500 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in Neuberger Berman Next Generation Connectivity Fund in the second quarter valued at approximately $864,000. Truist Financial Corp bought a new stake in Neuberger Berman Next Generation Connectivity Fund in the second quarter worth approximately $384,000. Finally, Concorde Asset Management LLC increased its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 63.2% during the 2nd quarter. Concorde Asset Management LLC now owns 40,230 shares of the company’s stock worth $519,000 after purchasing an additional 15,580 shares during the last quarter.

Neuberger Berman Next Generation Connectivity Fund Stock Up 1.9 %

NBXG stock opened at 12.78 on Friday. Neuberger Berman Next Generation Connectivity Fund Inc. has a 1 year low of 9.88 and a 1 year high of 13.43. The company has a fifty day simple moving average of 12.57 and a 200 day simple moving average of 12.38.

Neuberger Berman Next Generation Connectivity Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be issued a $0.10 dividend. The ex-dividend date is Friday, November 15th. This represents a $1.20 annualized dividend and a yield of 9.39%.

Neuberger Berman Next Generation Connectivity Fund Company 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.