Oppenheimer & Co. Inc. Sells 20,060 Shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NRO)

Oppenheimer & Co. Inc. cut its position in shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) by 25.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,356 shares of the company’s stock after selling 20,060 shares during the period. Oppenheimer & Co. Inc. owned 0.12% of Neuberger Berman Real Estate Securities Income Fund worth $322,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of NRO. Advisors Asset Management Inc. raised its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 54.2% in the 2nd quarter. Advisors Asset Management Inc. now owns 1,622,559 shares of the company’s stock valued at $8,762,000 after acquiring an additional 570,431 shares in the last quarter. Cambridge Investment Research Advisors Inc. raised its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 9.6% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 74,678 shares of the company’s stock valued at $403,000 after acquiring an additional 6,549 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 130.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 24,551 shares of the company’s stock valued at $133,000 after acquiring an additional 13,913 shares in the last quarter. Advisor Group Inc. raised its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 8.1% in the 2nd quarter. Advisor Group Inc. now owns 49,592 shares of the company’s stock valued at $268,000 after acquiring an additional 3,700 shares in the last quarter. Finally, Doliver Capital Advisors LP raised its stake in shares of Neuberger Berman Real Estate Securities Income Fund by 194.1% in the 2nd quarter. Doliver Capital Advisors LP now owns 49,867 shares of the company’s stock valued at $271,000 after acquiring an additional 32,912 shares in the last quarter.

Shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO) traded down $0.01 during mid-day trading on Monday, hitting $5.43. The company had a trading volume of 105,400 shares, compared to its average volume of 227,780. Neuberger Berman Real Estate Securities Income Fund Inc. has a 1-year low of $5.07 and a 1-year high of $5.70.

The business also recently disclosed a monthly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 15th were paid a $0.045 dividend. This represents a $0.54 dividend on an annualized basis and a dividend yield of 9.94%. The ex-dividend date was Tuesday, November 14th.

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About Neuberger Berman Real Estate Securities Income Fund

Neuberger Berman Real Estate Securities Income Fund Inc is a non-diversified, closed-end management investment company. The Fund seeks to provide high current income with capital appreciation as a secondary objective. It has a portfolio with a mix of equity securities of real estate investment trusts (REITs) and other real estate companies.

Want to see what other hedge funds are holding NRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Neuberger Berman Real Estate Securities Income Fund Inc. (NYSEAMERICAN:NRO).

Institutional Ownership by Quarter for Neuberger Berman Real Estate Securities Income Fund (NYSEAMERICAN:NRO)

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