Napa Wealth Management Has $146,000 Holdings in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Napa Wealth Management decreased its position in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 17.0% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 14,068 shares of the company’s stock after selling 2,881 shares during the period. Napa Wealth Management’s holdings in Neuberger Berman Municipal Fund were worth $146,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp lifted its position in shares of Neuberger Berman Municipal Fund by 15.1% in the fourth quarter. Van ECK Associates Corp now owns 247,838 shares of the company’s stock worth $2,565,000 after purchasing an additional 32,493 shares in the last quarter. Park Avenue Securities LLC lifted its position in 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 worth $1,071,000 after buying an additional 2,554 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Neuberger Berman Municipal Fund during the 4th quarter valued at $1,061,000. Advisors Asset Management Inc. grew its holdings in shares of Neuberger Berman Municipal Fund by 20.7% during the 4th quarter. Advisors Asset Management Inc. now owns 305,582 shares of the company’s stock valued at $3,163,000 after acquiring an additional 52,317 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Neuberger Berman Municipal Fund by 7.5% during the 4th quarter. LPL Financial LLC now owns 58,182 shares of the company’s stock valued at $602,000 after acquiring an additional 4,060 shares in the last quarter.

Neuberger Berman Municipal Fund Trading Up 0.1%

Shares of NYSEAMERICAN:NBH opened at $10.07 on Wednesday. Neuberger Berman Municipal Fund Inc. has a 1 year low of $9.47 and a 1 year high of $11.41. The business has a fifty day simple moving average of $10.20 and a 200 day simple moving average of $10.43.

Neuberger Berman Municipal Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be given a $0.0542 dividend. This represents a $0.65 annualized dividend and a yield of 6.46%. The ex-dividend date of this dividend 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.