D.A. Davidson & CO. lowered its holdings in Neuberger Berman MLP Income Fund Inc (NYSE:NML) by 3.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,000 shares of the investment management company’s stock after selling 500 shares during the quarter. D.A. Davidson & CO.’s holdings in Neuberger Berman MLPome Fund were worth $144,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in NML. Advisors Asset Management Inc. increased its stake in shares of Neuberger Berman MLPome Fund by 37.1% in the second quarter. Advisors Asset Management Inc. now owns 1,261,288 shares of the investment management company’s stock worth $12,134,000 after acquiring an additional 341,646 shares during the period. Private Advisor Group LLC increased its stake in shares of Neuberger Berman MLPome Fund by 471.8% in the second quarter. Private Advisor Group LLC now owns 74,331 shares of the investment management company’s stock worth $718,000 after acquiring an additional 61,331 shares during the period. BB&T Securities LLC increased its stake in shares of Neuberger Berman MLPome Fund by 50.8% in the second quarter. BB&T Securities LLC now owns 54,451 shares of the investment management company’s stock worth $523,000 after acquiring an additional 18,334 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Neuberger Berman MLPome Fund by 4.8% in the second quarter. Ameriprise Financial Inc. now owns 298,244 shares of the investment management company’s stock worth $2,888,000 after acquiring an additional 13,771 shares during the period. Finally, IFP Advisors Inc increased its stake in shares of Neuberger Berman MLPome Fund by 22.1% in the second quarter. IFP Advisors Inc now owns 27,582 shares of the investment management company’s stock worth $265,000 after acquiring an additional 5,000 shares during the period.

Shares of Neuberger Berman MLP Income Fund Inc (NYSE:NML) opened at 9.55 on Monday. The stock has a 50 day moving average of $9.37 and a 200-day moving average of $9.56. Neuberger Berman MLP Income Fund Inc has a 1-year low of $8.31 and a 1-year high of $10.69.

The firm also recently announced a monthly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Monday, October 16th will be issued a $0.055 dividend. The ex-dividend date of this dividend is Friday, October 13th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 6.91%.

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Neuberger Berman MLPome Fund Profile

Neuberger Berman MLP Income Fund Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund seeks to provide total return with an emphasis on cash distributions. The Fund has assembled a portfolio that focuses on Master Limited Partnerships (MLPs) and selects companies that have economic characteristics substantially similar to MLPs.

Institutional Ownership by Quarter for Neuberger Berman MLPome Fund (NYSE:NML)

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