First Republic Investment Management Inc. Takes $1.10 Million Position in Neuberger Berman MLP Income Fund Inc (NML)

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First Republic Investment Management Inc. purchased a new stake in shares of Neuberger Berman MLP Income Fund Inc (NYSEAMERICAN:NML) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 125,500 shares of the investment management company’s stock, valued at approximately $1,101,000. First Republic Investment Management Inc. owned about 0.22% of Neuberger Berman MLP Income Fund as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. BB&T Securities LLC grew its holdings in shares of Neuberger Berman MLP Income Fund by 4.1% during the second quarter. BB&T Securities LLC now owns 179,339 shares of the investment management company’s stock valued at $1,572,000 after buying an additional 7,100 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Neuberger Berman MLP Income Fund by 53.8% in the second quarter. Oppenheimer & Co. Inc. now owns 25,329 shares of the investment management company’s stock worth $222,000 after purchasing an additional 8,865 shares during the last quarter. Guggenheim Capital LLC boosted its holdings in Neuberger Berman MLP Income Fund by 9.5% in the first quarter. Guggenheim Capital LLC now owns 798,125 shares of the investment management company’s stock worth $6,513,000 after purchasing an additional 69,343 shares during the last quarter. UBS Group AG boosted its holdings in Neuberger Berman MLP Income Fund by 18.9% in the first quarter. UBS Group AG now owns 1,123,757 shares of the investment management company’s stock worth $9,170,000 after purchasing an additional 179,005 shares during the last quarter. Finally, Commonwealth Equity Services LLC purchased a new stake in Neuberger Berman MLP Income Fund in the first quarter worth approximately $116,000.

NML stock traded down $0.04 on Friday, hitting $8.40. The company had a trading volume of 257,117 shares, compared to its average volume of 202,440. Neuberger Berman MLP Income Fund Inc has a 12-month low of $7.86 and a 12-month high of $10.34.

The business also recently announced a monthly dividend, which will be paid on Friday, November 30th. Investors of record on Thursday, November 15th will be issued a $0.055 dividend. This represents a $0.66 annualized dividend and a yield of 7.86%. The ex-dividend date of this dividend is Wednesday, November 14th.

Neuberger Berman MLP Income Fund Company Profile

Neuberger Berman MLP 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. Neuberger Berman MLP Income Fund Inc was formed on November 16, 2012 and is domiciled in the United States.

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Institutional Ownership by Quarter for Neuberger Berman MLP Income Fund (NYSEAMERICAN:NML)

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