Shares of Neuberger Berman New York Municipal Fund, Inc. (NYSEAMERICAN:NBO) acquired by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. increased its stake in shares of Neuberger Berman New York Municipal Fund, Inc. (NYSEAMERICAN:NBO – Get Rating) by 1.1% in the first quarter, according to the company in its latest 13F filing with of the Security and Exchange Commission. The institutional investor held 93,245 shares of the company after purchasing an additional 1,012 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in the Neuberger Berman New York Municipal Fund were worth $1,082,000 when it last filed with the Securities and Exchange Commission.

Other large investors have also recently increased or reduced their stake in the company. Karpus Management Inc. increased its stake in Neuberger Berman New York Municipal Fund by 1.2% in the fourth quarter. Karpus Management Inc. now owns 403,761 shares of the company valued at $5,249,000 after purchasing an additional 4,763 shares last quarter. Steward Partners Investment Advisory LLC increased its stake in Neuberger Berman New York Municipal Fund by 20.0% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 6,000 shares of the company valued at $78,000 after buying an additional 1,000 shares in the last quarter. Matisse Capital increased its stake in Neuberger Berman New York Municipal Fund by 3.2% in the 4th quarter. Matisse Capital now owns 66,222 shares of the company valued at $861,000 after purchasing an additional 2,074 shares last quarter. Advisor Group Holdings Inc. increased its holdings in Neuberger Berman New York Municipal Fund by 44.5% in the fourth quarter. Advisor Group Holdings Inc. now owns 7,668 shares of the company valued at $100,000 after buying 2,360 additional shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its equity stake in Neuberger Berman New York Municipal Fund by 42.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 42,700 shares of the company valued at $555,000 after acquiring an additional 12,825 shares in the last quarter.

NYSEAMERICAN NBO opened at $10.07 on Monday. Neuberger Berman New York Municipal Fund, Inc. has a 12-month low of $9.41 and a 12-month high of $13.57.

The company also recently disclosed a monthly dividend, which will be paid on Friday, July 15. Shareholders of record on Thursday, June 30 will receive a dividend of $0.0393 per share. This represents a dividend of $0.47 on an annualized basis and a dividend yield of 4.69%. The ex-dividend date is Wednesday, June 29.

About the Neuberger Berman New York Municipal Fund (Get a rating)

Neuberger Berman New York Municipal Fund, Inc is a closed-end bond mutual fund launched and managed by Neuberger Berman Management LLC. The fund is co-managed by Neuberger Berman LLC. It invests in the US bond markets. The fund invests primarily in tax-exempt municipal bonds with residual maturities of less than 15 years.

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