Atala Financial Inc Has $437,000 Stake in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH)

Atala Financial Inc raised its stake in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 553.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,030 shares of the company’s stock after purchasing an additional 35,600 shares during the quarter. Atala Financial Inc’s holdings in Neuberger Berman Municipal Fund were worth $437,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of NBH. Avior Wealth Management LLC raised its holdings in shares of Neuberger Berman Municipal Fund by 49.9% in the first quarter. Avior Wealth Management LLC now owns 30,178 shares of the company’s stock valued at $314,000 after purchasing an additional 10,050 shares during the last quarter. Riverbridge Partners LLC increased its stake in Neuberger Berman Municipal Fund by 7.2% in the 1st quarter. Riverbridge Partners LLC now owns 41,701 shares of the company’s stock valued at $434,000 after buying an additional 2,813 shares during the last quarter. Noble Wealth Management PBC lifted its position in shares of Neuberger Berman Municipal Fund by 7.3% during the 1st quarter. Noble Wealth Management PBC now owns 66,125 shares of the company’s stock worth $688,000 after buying an additional 4,500 shares in the last quarter. Park Avenue Securities LLC boosted its stake in shares of Neuberger Berman Municipal Fund by 3.7% in the 1st quarter. Park Avenue Securities LLC now owns 107,404 shares of the company’s stock worth $1,117,000 after buying an additional 3,882 shares during the last quarter. Finally, Integrated Capital Management Inc. grew its holdings in shares of Neuberger Berman Municipal Fund by 11.0% in the first quarter. Integrated Capital Management Inc. now owns 21,520 shares of the company’s stock valued at $224,000 after acquiring an additional 2,135 shares in the last quarter.

Neuberger Berman Municipal Fund Stock Performance

NYSEAMERICAN NBH opened at $9.84 on Thursday. The business’s fifty day moving average is $9.94 and its 200-day moving average is $10.29. Neuberger Berman Municipal Fund Inc. has a one year low of $9.47 and a one year high of $11.41.

Neuberger Berman Municipal Fund Dividend Announcement

The company also recently disclosed a jul 25 dividend, which will be paid on Tuesday, July 15th. Shareholders of record on Monday, June 30th will be issued a dividend of $0.0542 per share. This represents a yield of 6.6%. The ex-dividend date is Monday, June 30th.

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.