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2023-04-03 18:45
Eudaimonia Partners LLC increased its holdings in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG – Get Rating) by 36.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,956 shares of the company's stock after purchasing an additional 4,837 shares during the quarter. Eudaimonia Partners LLC's holdings in Neuberger Berman Next Generation Connectivity Fund were worth $163,000 at the end of the most recent reporting period.
Several other institutional investors have also recently made changes to their positions in NBXG. Bulldog Investors LLP boosted its stake in Neuberger Berman Next Generation Connectivity Fund by 47.1% during the third quarter. Bulldog Investors LLP now owns 690,416 shares of the company's stock valued at $6,518,000 after buying an additional 220,934 shares during the last quarter. Shaker Financial Services LLC lifted its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 5.8% in the 3rd quarter. Shaker Financial Services LLC now owns 56,398 shares of the company's stock valued at $532,000 after purchasing an additional 3,100 shares during the last quarter. Boothbay Fund Management LLC lifted its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 146.2% in the 3rd quarter. Boothbay Fund Management LLC now owns 214,000 shares of the company's stock valued at $2,020,000 after purchasing an additional 127,068 shares during the last quarter. Clough Capital Partners L P lifted its stake in shares of Neuberger Berman Next Generation Connectivity Fund by 31.9% in the 3rd quarter. Clough Capital Partners L P now owns 129,500 shares of the company's stock valued at $1,222,000 after purchasing an additional 31,300 shares during the last quarter. Finally, Cornerstone Wealth Management LLC bought a new stake in shares of Neuberger Berman Next Generation Connectivity Fund in the 3rd quarter valued at approximately $468,000.
Get Neuberger Berman Next Generation Connectivity Fund alerts:NYSE:NBXG opened at 10.41 on Monday. Neuberger Berman Next Generation Connectivity Fund Inc. has a 1 year low of 7.70 and a 1 year high of 14.39. The business has a 50 day simple moving average of 10.01 and a 200-day simple moving average of 9.70.
The firm also recently declared a monthly dividend, which was paid on Friday, March 31st. Stockholders of record on Wednesday, March 15th were issued a $0.10 dividend. The ex-dividend date of this dividend was Tuesday, March 14th. This represents a $1.20 annualized dividend and a dividend yield of 11.53%.
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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.
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