Logan Stone Capital LLC Sells 192,993 Shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Logan Stone Capital LLC lowered its position in shares of Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 53.9% during the fourth quarter, HoldingsChannel reports. The fund owned 164,745 shares of the company’s stock after selling 192,993 shares during the quarter. Logan Stone Capital LLC’s holdings in Neuberger Berman Municipal Fund were worth $1,705,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Integrated Capital Management Inc. grew its position in shares of Neuberger Berman Municipal Fund by 7.8% in the 4th quarter. Integrated Capital Management Inc. now owns 19,385 shares of the company’s stock valued at $201,000 after buying an additional 1,399 shares during the last quarter. Global Retirement Partners LLC bought a new stake in shares of Neuberger Berman Municipal Fund in the 4th quarter valued at about $25,000. Park Avenue Securities LLC grew its position in shares of Neuberger Berman Municipal Fund by 2.5% in the 4th quarter. Park Avenue Securities LLC now owns 103,522 shares of the company’s stock valued at $1,071,000 after buying an additional 2,554 shares during the last quarter. Avior Wealth Management LLC grew its position in shares of Neuberger Berman Municipal Fund by 15.1% in the 4th quarter. Avior Wealth Management LLC now owns 20,128 shares of the company’s stock valued at $208,000 after buying an additional 2,642 shares during the last quarter. Finally, Ackerman Capital Advisors LLC grew its position in shares of Neuberger Berman Municipal Fund by 3.9% in the 4th quarter. Ackerman Capital Advisors LLC now owns 80,482 shares of the company’s stock valued at $833,000 after buying an additional 3,055 shares during the last quarter.

Neuberger Berman Municipal Fund Trading Down 0.1%

NYSEAMERICAN NBH opened at $10.15 on Monday. The business’s 50-day moving average price is $10.21 and its two-hundred day moving average price is $10.43. Neuberger Berman Municipal Fund Inc. has a 12 month low of $9.47 and a 12 month high of $11.41.

Neuberger Berman Municipal Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be paid a $0.0542 dividend. This represents a $0.65 dividend on an annualized basis and a dividend yield of 6.40%. The ex-dividend date is Wednesday, April 30th.

About Neuberger Berman Municipal Fund

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.