Avior Wealth Management LLC Boosts Position in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Avior Wealth Management LLC lifted its stake in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 25.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 17,486 shares of the company’s stock after acquiring an additional 3,516 shares during the period. Avior Wealth Management LLC’s holdings in Neuberger Berman Municipal Fund were worth $194,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC purchased a new stake in Neuberger Berman Municipal Fund in the 3rd quarter valued at about $36,000. Ashton Thomas Private Wealth LLC purchased a new stake in Neuberger Berman Municipal Fund in the 2nd quarter valued at about $91,000. NINE MASTS CAPITAL Ltd raised its holdings in Neuberger Berman Municipal Fund by 114.1% in the 2nd quarter. NINE MASTS CAPITAL Ltd now owns 36,298 shares of the company’s stock valued at $388,000 after buying an additional 19,348 shares during the period. Rothschild Investment LLC purchased a new stake in Neuberger Berman Municipal Fund in the 2nd quarter valued at about $574,000. Finally, Blue Bell Private Wealth Management LLC increased its stake in Neuberger Berman Municipal Fund by 201.0% during the second quarter. Blue Bell Private Wealth Management LLC now owns 57,581 shares of the company’s stock worth $615,000 after purchasing an additional 38,454 shares during the period.

Neuberger Berman Municipal Fund Stock Down 0.1 %

Shares of NYSEAMERICAN:NBH opened at $10.67 on Friday. Neuberger Berman Municipal Fund Inc. has a 1 year low of $9.62 and a 1 year high of $11.41.

Neuberger Berman Municipal Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, December 16th. Shareholders of record on Friday, November 29th will be paid a dividend of $0.0542 per share. The ex-dividend date is Friday, November 29th. This represents a $0.65 dividend on an annualized basis and a yield of 6.09%.

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.