Arlington Capital Management Inc. Buys 1,823 Shares of Neuberger Berman MLP Income Fund Inc (NYSEAMERICAN:NML)

Arlington Capital Management Inc. increased its stake in Neuberger Berman MLP Income Fund Inc (NYSEAMERICAN:NML) by 5.4% during the third quarter, Holdings Channel reports. The firm owned 35,687 shares of the investment management company’s stock after acquiring an additional 1,823 shares during the period. Arlington Capital Management Inc.’s holdings in Neuberger Berman MLP Income Fund were worth $257,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. 6 Meridian boosted its stake in Neuberger Berman MLP Income Fund by 6.6% in the second quarter. 6 Meridian now owns 92,342 shares of the investment management company’s stock valued at $693,000 after buying an additional 5,683 shares in the last quarter. NEXT Financial Group Inc acquired a new stake in shares of Neuberger Berman MLP Income Fund during the second quarter valued at about $55,000. AE Wealth Management LLC acquired a new stake in shares of Neuberger Berman MLP Income Fund during the second quarter valued at about $102,000. Kayne Anderson Capital Advisors LP boosted its stake in shares of Neuberger Berman MLP Income Fund by 221.7% during the second quarter. Kayne Anderson Capital Advisors LP now owns 233,200 shares of the investment management company’s stock valued at $1,750,000 after purchasing an additional 160,700 shares in the last quarter. Finally, Advisor Group Inc. boosted its stake in shares of Neuberger Berman MLP Income Fund by 8.3% during the second quarter. Advisor Group Inc. now owns 26,407 shares of the investment management company’s stock valued at $199,000 after purchasing an additional 2,028 shares in the last quarter.

In other news, Portfolio Manager Douglas A. Rachlin purchased 50,000 shares of the business’s stock in a transaction dated Friday, November 8th. The shares were purchased at an average cost of $6.49 per share, with a total value of $324,500.00.

Shares of NML stock opened at $6.40 on Thursday. Neuberger Berman MLP Income Fund Inc has a 12 month low of $6.06 and a 12 month high of $8.21.

Neuberger Berman MLP Income Fund 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.

Further Reading: Rule of 72

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

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