Fiera Capital Corp Buys 113,534 Shares of Neuberger Berman Municipal Fund Inc. $NBH

Fiera Capital Corp boosted its stake in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) by 65.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 287,691 shares of the company’s stock after acquiring an additional 113,534 shares during the quarter. Fiera Capital Corp’s holdings in Neuberger Berman Municipal Fund were worth $2,911,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in NBH. Advisory Services Network LLC bought a new stake in shares of Neuberger Berman Municipal Fund in the third quarter valued at about $35,000. Elyxium Wealth LLC bought a new stake in Neuberger Berman Municipal Fund in the 4th quarter valued at approximately $43,000. Nomura Holdings Inc. acquired a new position in Neuberger Berman Municipal Fund during the 2nd quarter worth approximately $98,000. PFG Investments LLC bought a new position in shares of Neuberger Berman Municipal Fund during the 4th quarter worth approximately $101,000. Finally, Osaic Holdings Inc. raised its holdings in shares of Neuberger Berman Municipal Fund by 14.0% in the second quarter. Osaic Holdings Inc. now owns 15,102 shares of the company’s stock valued at $148,000 after purchasing an additional 1,859 shares during the last quarter.

Insider Buying and Selling at Neuberger Berman Municipal Fund

In related news, major shareholder Of America Corp /De/ Bank bought 3,200 shares of the stock in a transaction that occurred on Wednesday, May 20th. The shares were acquired at an average price of $10.26 per share, with a total value of $32,832.00. Following the completion of the transaction, the insider owned 3,200 shares in the company, valued at $32,832. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Neuberger Berman Municipal Fund Price Performance

Shares of NBH stock opened at $10.35 on Wednesday. Neuberger Berman Municipal Fund Inc. has a 12 month low of $9.69 and a 12 month high of $10.64. The company’s fifty day simple moving average is $10.26 and its 200-day simple moving average is $10.29.

Neuberger Berman Municipal Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a $0.0542 dividend. The ex-dividend date is Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 6.3%.

About Neuberger Berman Municipal Fund

Neuberger Berman Municipal Fund (NYSE American: NBH) is a closed-end investment company that seeks to provide shareholders with tax‐exempt income by investing primarily in a diversified portfolio of municipal securities. Managed by Neuberger Berman Management LLC, the fund focuses on high‐quality state and local government obligations, including general obligation bonds, revenue bonds and essential‐purpose debt issued by U.S. municipalities and related entities.

The fund’s portfolio construction emphasizes broad geographic diversification across the United States, targeting sectors such as transportation, education, healthcare and utilities.