PNC Financial Services Group Inc. Increases Holdings in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

PNC Financial Services Group Inc. grew its stake in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 14.3% during the third quarter, Holdings Channel reports. The firm owned 100,372 shares of the company’s stock after purchasing an additional 12,577 shares during the period. PNC Financial Services Group Inc.’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $1,288,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its position in Neuberger Berman Next Generation Connectivity Fund by 40.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 160,456 shares of the company’s stock worth $2,059,000 after purchasing an additional 46,005 shares during the period. Blue Bell Private Wealth Management LLC increased its position in Neuberger Berman Next Generation Connectivity Fund by 16.5% during the second quarter. Blue Bell Private Wealth Management LLC now owns 122,462 shares of the company’s stock worth $1,581,000 after buying an additional 17,348 shares in the last quarter. Cornerstone Wealth Management LLC grew its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 3.5% during the second quarter. Cornerstone Wealth Management LLC now owns 103,042 shares of the company’s stock worth $1,330,000 after buying an additional 3,438 shares in the last quarter. Private Advisor Group LLC lifted its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 3.6% during the 3rd quarter. Private Advisor Group LLC now owns 100,766 shares of the company’s stock worth $1,293,000 after purchasing an additional 3,500 shares during the period. Finally, Dakota Wealth Management increased its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 2.9% during the 3rd quarter. Dakota Wealth Management now owns 86,623 shares of the company’s stock valued at $1,111,000 after acquiring an additional 2,406 shares during the last quarter.

Neuberger Berman Next Generation Connectivity Fund Trading Down 0.2 %

Shares of Neuberger Berman Next Generation Connectivity Fund stock opened at 13.13 on Thursday. Neuberger Berman Next Generation Connectivity Fund Inc. has a twelve month low of 10.48 and a twelve month high of 13.43. The business’s fifty day moving average price is 12.91 and its 200 day moving average price is 12.56.

Neuberger Berman Next Generation Connectivity Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 9.14%. The ex-dividend date is Friday, November 15th.

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.