Huntington National Bank Has $72,000 Position in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Huntington National Bank lessened its holdings in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 50.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,987 shares of the company’s stock after selling 6,987 shares during the period. Huntington National Bank’s holdings in Neuberger Berman Municipal Fund were worth $72,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Raymond James Financial Inc. purchased a new stake in Neuberger Berman Municipal Fund in the 4th quarter worth approximately $1,061,000. Callahan Advisors LLC purchased a new stake in shares of Neuberger Berman Municipal Fund during the fourth quarter worth $756,000. Noble Wealth Management PBC acquired a new stake in Neuberger Berman Municipal Fund during the fourth quarter valued at $638,000. Advisors Asset Management Inc. boosted its position in Neuberger Berman Municipal Fund by 20.7% during the fourth quarter. Advisors Asset Management Inc. now owns 305,582 shares of the company’s stock valued at $3,163,000 after purchasing an additional 52,317 shares during the last quarter. Finally, Riverbridge Partners LLC purchased a new position in Neuberger Berman Municipal Fund in the fourth quarter valued at about $402,000.

Neuberger Berman Municipal Fund Price Performance

NBH opened at $10.35 on Monday. Neuberger Berman Municipal Fund Inc. has a fifty-two week low of $10.03 and a fifty-two week high of $11.41. The business’s 50-day moving average price is $10.52.

Neuberger Berman Municipal Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a $0.0542 dividend. This represents a $0.65 dividend on an annualized basis and a yield of 6.28%. The ex-dividend date of this dividend is Monday, March 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.