68,000 Shares in Neuberger Berman Municipal Fund Inc. $NBH Purchased by Cura Wealth Advisors LLC

Cura Wealth Advisors LLC acquired a new stake in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBHFree Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm acquired 68,000 shares of the company’s stock, valued at approximately $717,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of NBH. Advisory Services Network LLC acquired a new position in Neuberger Berman Municipal Fund during the 3rd quarter valued at about $35,000. Elyxium Wealth LLC bought a new stake in shares of Neuberger Berman Municipal Fund during the fourth quarter valued at approximately $43,000. Hollencrest Capital Management raised its holdings in shares of Neuberger Berman Municipal Fund by 204.2% during the fourth quarter. Hollencrest Capital Management now owns 7,295 shares of the company’s stock valued at $74,000 after buying an additional 4,897 shares during the last quarter. Nomura Holdings Inc. acquired a new position in shares of Neuberger Berman Municipal Fund during the second quarter worth approximately $98,000. Finally, PFG Investments LLC acquired a new position in shares of Neuberger Berman Municipal Fund during the fourth quarter worth approximately $101,000.

Neuberger Berman Municipal Fund Price Performance

Shares of NBH stock opened at $10.33 on Monday. Neuberger Berman Municipal Fund Inc. has a 12-month low of $9.76 and a 12-month high of $10.72. The business has a 50 day simple moving average of $10.37 and a 200 day simple moving average of $10.34.

Neuberger Berman Municipal Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, July 31st will be given a dividend of $0.0542 per share. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Friday, July 31st.

Insider Transactions at Neuberger Berman Municipal Fund

In other Neuberger Berman Municipal Fund news, major shareholder Of America Corp /De/ Bank purchased 3,200 shares of Neuberger Berman Municipal Fund stock in a transaction on Wednesday, May 20th. The stock was bought at an average price of $10.26 per share, for a total transaction of $32,832.00. Following the transaction, the insider owned 3,200 shares of the company’s stock, valued at $32,832. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

About Neuberger Berman Municipal Fund

(Free Report)

Neuberger Berman Municipal Fund (NYSE American: NBH) is a closed-end investment company that seeks to provide shareholders with tax‐exempt income by investing primarily in a diversified portfolio of municipal securities. Managed by Neuberger Berman Management LLC, the fund focuses on high‐quality state and local government obligations, including general obligation bonds, revenue bonds and essential‐purpose debt issued by U.S. municipalities and related entities.

The fund’s portfolio construction emphasizes broad geographic diversification across the United States, targeting sectors such as transportation, education, healthcare and utilities.

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Institutional Ownership by Quarter for Neuberger Berman Municipal Fund (NYSEAMERICAN:NBH)

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