D. E. Shaw & Co. Inc. Decreases Position in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML)

D. E. Shaw & Co. Inc. decreased its position in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 802,641 shares of the investment management company’s stock after selling 2,700 shares during the period. D. E. Shaw & Co. Inc.’s holdings in Neuberger Berman Energy Infrastructure and Income Fund were worth $7,087,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 14.6% in the fourth quarter. Bank of America Corp DE now owns 3,177,782 shares of the investment management company’s stock valued at $28,060,000 after purchasing an additional 404,242 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter valued at approximately $1,615,000. Prevail Innovative Wealth Advisors LLC acquired a new position in shares of Neuberger Berman Energy Infrastructure and Income Fund in the fourth quarter valued at approximately $1,277,000. Oppenheimer & Co. Inc. increased its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 13.5% in the fourth quarter. Oppenheimer & Co. Inc. now owns 317,607 shares of the investment management company’s stock valued at $2,804,000 after purchasing an additional 37,886 shares during the period. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 188.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 51,362 shares of the investment management company’s stock valued at $454,000 after purchasing an additional 33,560 shares during the period.

Neuberger Berman Energy Infrastructure and Income Fund Stock Down 1.1%

Shares of NML stock opened at $8.71 on Friday. The business’s fifty day moving average price is $8.53 and its 200 day moving average price is $8.60. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a 1-year low of $7.10 and a 1-year high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be issued a dividend of $0.0584 per share. This represents a $0.70 dividend on an annualized basis and a yield of 8.05%. The ex-dividend date is Thursday, May 15th. Neuberger Berman Energy Infrastructure and Income Fund’s dividend payout ratio is presently -227.59%.

About Neuberger Berman Energy Infrastructure and Income Fund

Neuberger Berman Energy Infrastructure and Income Fund Inc is a closed ended fund of fund launched and managed by Neuberger Berman Management LLC. It is co-managed by Neuberger Berman LLC. The fund invests in the public equity markets. It primarily invests in master limited partnerships and limited liability companies.