Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) Stake Trimmed by Tyche Wealth Partners LLC

Tyche Wealth Partners LLC lowered its stake in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 10.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 38,013 shares of the company’s stock after selling 4,272 shares during the quarter. Tyche Wealth Partners LLC’s holdings in Neuberger Berman Municipal Fund were worth $422,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of NBH. Sanctuary Advisors LLC purchased a new position in Neuberger Berman Municipal Fund during the 2nd quarter valued at about $667,000. Almitas Capital LLC lifted its holdings in shares of Neuberger Berman Municipal Fund by 73.0% during the 2nd quarter. Almitas Capital LLC now owns 62,971 shares of the company’s stock valued at $673,000 after buying an additional 26,569 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of Neuberger Berman Municipal Fund by 4.9% during the 2nd quarter. Van ECK Associates Corp now owns 244,200 shares of the company’s stock valued at $2,608,000 after buying an additional 11,485 shares during the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Neuberger Berman Municipal Fund during the 2nd quarter valued at about $91,000. Finally, Blue Bell Private Wealth Management LLC lifted its holdings in shares of Neuberger Berman Municipal Fund by 201.0% during the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 57,581 shares of the company’s stock valued at $615,000 after buying an additional 38,454 shares during the last quarter.

Neuberger Berman Municipal Fund Trading Down 0.6 %

Shares of Neuberger Berman Municipal Fund stock traded down $0.07 during trading on Tuesday, hitting $10.74. 35,680 shares of the stock traded hands, compared to its average volume of 75,667. Neuberger Berman Municipal Fund Inc. has a twelve month low of $8.77 and a twelve month high of $11.41.

Neuberger Berman Municipal Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 31st will be issued a $0.0542 dividend. The ex-dividend date is Thursday, October 31st. This represents a $0.65 annualized dividend and a yield of 6.05%.

Neuberger Berman Municipal Fund Company 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.