8,799 Shares in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) Purchased by Wolverine Asset Management LLC

Wolverine Asset Management LLC purchased a new position in Neuberger Berman Municipal Fund Inc. (NYSEAMERICAN:NBH) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 8,799 shares of the company’s stock, valued at approximately $91,000.

A number of other institutional investors have also recently bought and sold shares of the stock. Van ECK Associates Corp boosted its position in Neuberger Berman Municipal Fund by 15.1% during the 4th quarter. Van ECK Associates Corp now owns 247,838 shares of the company’s stock worth $2,565,000 after acquiring an additional 32,493 shares during the period. Park Avenue Securities LLC boosted its position in Neuberger Berman Municipal Fund by 2.5% during the 4th quarter. Park Avenue Securities LLC now owns 103,522 shares of the company’s stock worth $1,071,000 after acquiring an additional 2,554 shares during the period. Walleye Capital LLC acquired a new stake in Neuberger Berman Municipal Fund during the 3rd quarter worth about $129,000. Avior Wealth Management LLC boosted its position in Neuberger Berman Municipal Fund by 25.2% during the 3rd quarter. Avior Wealth Management LLC now owns 17,486 shares of the company’s stock worth $194,000 after acquiring an additional 3,516 shares during the period. Finally, Pathstone Holdings LLC boosted its position in Neuberger Berman Municipal Fund by 234.8% during the 3rd quarter. Pathstone Holdings LLC now owns 352,961 shares of the company’s stock worth $3,922,000 after acquiring an additional 247,552 shares during the period.

Neuberger Berman Municipal Fund Stock Down 0.6 %

Shares of NYSEAMERICAN NBH opened at $10.69 on Tuesday. Neuberger Berman Municipal Fund Inc. has a one year low of $10.03 and a one year high of $11.41.

Neuberger Berman Municipal Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be issued a dividend of $0.0542 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $0.65 annualized dividend and a dividend yield of 6.08%.

Neuberger Berman Municipal Fund Profile

Neuberger Berman Intermediate Municipal Fund Inc is a closed-ended fixed income mutual fund launched and managed by Neuberger Berman LLC. The fund is co-managed by Neuberger Berman Management LLC. It invests in the fixed income markets of the United States. The fund primarily invests in municipal bonds which have income that is exempt from federal income tax and have remaining maturities of less than 15 years.