Maven Securities LTD bought a new position in Neuberger Berman MLP Income Fund Inc (NYSEAMERICAN:NML) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 325,998 shares of the investment management company’s stock, valued at approximately $2,103,000. Neuberger Berman MLP Income Fund makes up approximately 1.3% of Maven Securities LTD’s investment portfolio, making the stock its 16th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Regentatlantic Capital LLC raised its position in Neuberger Berman MLP Income Fund by 14.0% in the 4th quarter. Regentatlantic Capital LLC now owns 11,590 shares of the investment management company’s stock worth $78,000 after purchasing an additional 1,420 shares during the period. Citadel Advisors LLC bought a new stake in shares of Neuberger Berman MLP Income Fund in the 3rd quarter valued at about $169,000. Kayne Anderson Capital Advisors LP bought a new stake in shares of Neuberger Berman MLP Income Fund in the 4th quarter valued at about $201,000. Advisor Group Inc. boosted its holdings in shares of Neuberger Berman MLP Income Fund by 44.8% in the 4th quarter. Advisor Group Inc. now owns 38,337 shares of the investment management company’s stock valued at $256,000 after buying an additional 11,866 shares in the last quarter. Finally, Merriman Wealth Management LLC bought a new stake in shares of Neuberger Berman MLP Income Fund in the 4th quarter valued at about $283,000.

Shares of NYSEAMERICAN:NML traded down $0.05 during trading on Thursday, reaching $7.84. The stock had a trading volume of 15,938 shares, compared to its average volume of 235,763. Neuberger Berman MLP Income Fund Inc has a one year low of $6.06 and a one year high of $9.39.

The business also recently announced a monthly dividend, which will be paid on Friday, March 29th. Stockholders of record on Friday, March 15th will be paid a dividend of $0.055 per share. This represents a $0.66 dividend on an annualized basis and a dividend yield of 8.42%. The ex-dividend date is Thursday, March 14th. Neuberger Berman MLP Income Fund’s payout ratio is -227.59%.

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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.

See Also: Leveraged Buyout (LBO)

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

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