Prevail Innovative Wealth Advisors LLC Boosts Holdings in Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG)

Prevail Innovative Wealth Advisors LLC lifted its stake in shares of Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE:NBXG) by 18.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 95,321 shares of the company’s stock after buying an additional 14,732 shares during the quarter. Prevail Innovative Wealth Advisors LLC’s holdings in Neuberger Berman Next Generation Connectivity Fund were worth $1,214,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Harbour Investments Inc. boosted its position in Neuberger Berman Next Generation Connectivity Fund by 8.2% during the 4th quarter. Harbour Investments Inc. now owns 11,570 shares of the company’s stock valued at $147,000 after acquiring an additional 875 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Neuberger Berman Next Generation Connectivity Fund by 5.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 23,319 shares of the company’s stock valued at $297,000 after purchasing an additional 1,225 shares in the last quarter. Flagship Harbor Advisors LLC boosted its position in shares of Neuberger Berman Next Generation Connectivity Fund by 9.4% during the fourth quarter. Flagship Harbor Advisors LLC now owns 27,115 shares of the company’s stock valued at $345,000 after purchasing an additional 2,333 shares in the last quarter. World Investment Advisors LLC purchased a new stake in Neuberger Berman Next Generation Connectivity Fund in the third quarter worth $366,000. Finally, Kavar Capital Partners Group LLC bought a new position in Neuberger Berman Next Generation Connectivity Fund in the fourth quarter worth $403,000.

Neuberger Berman Next Generation Connectivity Fund Price Performance

Shares of Neuberger Berman Next Generation Connectivity Fund stock opened at $12.37 on Friday. The business has a fifty day simple moving average of $13.10 and a two-hundred day simple moving average of $12.99. 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 Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Investors of record on Monday, March 17th will be paid a dividend of $0.10 per share. This represents a $1.20 annualized dividend and a yield of 9.70%. The ex-dividend date is Monday, March 17th.

Neuberger Berman Next Generation Connectivity Fund 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.