16,300 Shares in Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) Purchased by Mark Sheptoff Financial Planning LLC

Mark Sheptoff Financial Planning LLC bought a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund Inc. (NYSEAMERICAN:NML) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 16,300 shares of the investment management company’s stock, valued at approximately $144,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NML. Kovitz Investment Group Partners LLC acquired a new stake in shares of Neuberger Berman Energy Infrastructure and Income Fund in the third quarter valued at $2,659,000. Raymond James Financial Inc. acquired a new stake in Neuberger Berman Energy Infrastructure and Income Fund in the 4th quarter valued at about $1,615,000. Oppenheimer & Co. Inc. boosted its position in shares of Neuberger Berman Energy Infrastructure and Income Fund by 13.5% during the 4th 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 in the last quarter. Commonwealth Equity Services LLC grew its stake in shares of Neuberger Berman Energy Infrastructure and Income Fund by 188.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 51,362 shares of the investment management company’s stock worth $454,000 after purchasing an additional 33,560 shares during the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Neuberger Berman Energy Infrastructure and Income Fund by 22.9% in the 4th quarter. LPL Financial LLC now owns 86,132 shares of the investment management company’s stock worth $761,000 after purchasing an additional 16,034 shares in the last quarter.

Neuberger Berman Energy Infrastructure and Income Fund Price Performance

NML opened at $9.08 on Wednesday. The stock’s fifty day moving average is $9.00. Neuberger Berman Energy Infrastructure and Income Fund Inc. has a fifty-two week low of $6.98 and a fifty-two week high of $9.51.

Neuberger Berman Energy Infrastructure and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Monday, March 17th will be issued a dividend of $0.0584 per share. The ex-dividend date is Monday, March 17th. This represents a $0.70 annualized dividend and a yield of 7.72%. Neuberger Berman Energy Infrastructure and Income Fund’s payout ratio is presently -227.59%.

Neuberger Berman Energy Infrastructure and Income Fund Company Profile

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.