Brookstone Capital Management Trims Stake in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF)

Brookstone Capital Management lowered its stake in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOFFree Report) by 17.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 18,814 shares of the company’s stock after selling 4,008 shares during the period. Brookstone Capital Management’s holdings in Cohen & Steers Closed-End Opportunity Fund were worth $211,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Royal Bank of Canada lifted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 0.7% during the 3rd quarter. Royal Bank of Canada now owns 203,867 shares of the company’s stock worth $2,104,000 after purchasing an additional 1,464 shares during the period. SFI Advisors LLC lifted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 14.1% during the 1st quarter. SFI Advisors LLC now owns 12,084 shares of the company’s stock worth $132,000 after purchasing an additional 1,496 shares during the period. Cambridge Investment Research Advisors Inc. lifted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 10.5% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 23,437 shares of the company’s stock worth $242,000 after purchasing an additional 2,219 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 3.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 66,996 shares of the company’s stock worth $720,000 after purchasing an additional 2,237 shares during the period. Finally, L.M. Kohn & Company lifted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 24.4% during the 3rd quarter. L.M. Kohn & Company now owns 14,287 shares of the company’s stock worth $147,000 after purchasing an additional 2,798 shares during the period.

Cohen & Steers Closed-End Opportunity Fund Price Performance

Shares of Cohen & Steers Closed-End Opportunity Fund stock opened at $11.64 on Thursday. Cohen & Steers Closed-End Opportunity Fund, Inc. has a fifty-two week low of $9.59 and a fifty-two week high of $11.75. The business’s fifty day moving average is $11.35 and its two-hundred day moving average is $10.93.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Tuesday, June 11th will be paid a dividend of $0.087 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 8.97%. The ex-dividend date of this dividend is Tuesday, June 11th.

Insiders Place Their Bets

In other news, Portfolio Manager Jeffrey Palma acquired 4,500 shares of the company’s stock in a transaction dated Tuesday, February 27th. The stock was acquired at an average cost of $11.11 per share, for a total transaction of $49,995.00. Following the acquisition, the portfolio manager now directly owns 9,046 shares in the company, valued at approximately $100,501.06. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink.

Cohen & Steers Closed-End Opportunity Fund Company Profile

(Free Report)

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.

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Institutional Ownership by Quarter for Cohen & Steers Closed-End Opportunity Fund (NYSE:FOF)

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