Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) Shares Purchased by Harbour Investments Inc.

Harbour Investments Inc. raised its stake in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 8.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 11,570 shares of the company’s stock after buying an additional 875 shares during the period. Harbour Investments Inc.’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $147,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in NBXG. Commonwealth Equity Services LLC raised its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 5.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 23,319 shares of the company’s stock worth $297,000 after purchasing an additional 1,225 shares in the last quarter. Flagship Harbor Advisors LLC raised its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 9.4% in the 4th quarter. Flagship Harbor Advisors LLC now owns 27,115 shares of the company’s stock worth $345,000 after purchasing an additional 2,333 shares in the last quarter. World Investment Advisors LLC bought a new stake in shares of Neuberger Berman Next Generation Connectivity Fund in the 3rd quarter worth approximately $366,000. Kavar Capital Partners Group LLC bought a new stake in shares of Neuberger Berman Next Generation Connectivity Fund in the 4th quarter worth approximately $403,000. Finally, AlphaStar Capital Management LLC raised its holdings in shares of Neuberger Berman Next Generation Connectivity Fund by 13.5% in the 4th quarter. AlphaStar Capital Management LLC now owns 35,925 shares of the company’s stock worth $458,000 after purchasing an additional 4,272 shares in the last quarter.

Neuberger Berman Next Generation Connectivity Fund Trading Up 0.3 %

NYSE NBXG opened at $12.52 on Friday. The company’s 50 day simple moving average is $13.14 and its 200 day simple moving average is $12.97. Neuberger Berman Next Generation Connectivity Fund Inc. has a 12 month low of $10.70 and a 12 month high of $13.86.

Neuberger Berman Next Generation Connectivity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 17th will be issued a dividend of $0.10 per share. The ex-dividend date of this dividend is Monday, March 17th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 9.58%.

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.