Raymond James & Associates Grows Holdings in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF)

Raymond James & Associates raised its position in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) by 7.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 108,869 shares of the company’s stock after buying an additional 8,002 shares during the period. Raymond James & Associates’ holdings in Cohen & Steers Closed-End Opportunity Fund were worth $1,219,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in FOF. Raymond James Trust N.A. purchased a new position in Cohen & Steers Closed-End Opportunity Fund in the first quarter valued at $169,000. Ancora Advisors LLC increased its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 876.0% during the first quarter. Ancora Advisors LLC now owns 9,760 shares of the company’s stock worth $130,000 after purchasing an additional 8,760 shares in the last quarter. UBS Group AG raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 51.2% during the 1st quarter. UBS Group AG now owns 228,644 shares of the company’s stock worth $2,954,000 after purchasing an additional 77,378 shares during the last quarter. Royal Bank of Canada raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 5.1% during the 1st quarter. Royal Bank of Canada now owns 154,865 shares of the company’s stock worth $2,001,000 after purchasing an additional 7,569 shares during the last quarter. Finally, Bank of America Corp DE raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 8.9% during the 1st quarter. Bank of America Corp DE now owns 269,070 shares of the company’s stock worth $3,476,000 after purchasing an additional 22,101 shares during the last quarter.

Insider Buying and Selling

In related news, Portfolio Manager Jeffrey Palma purchased 4,500 shares of Cohen & Steers Closed-End Opportunity Fund stock in a transaction that occurred on Tuesday, February 27th. The stock was purchased at an average price of $11.11 per share, for a total transaction of $49,995.00. Following the transaction, the portfolio manager now directly owns 9,046 shares in the company, valued at $100,501.06. The acquisition was disclosed in a document filed with the SEC, which is available at this link.

Cohen & Steers Closed-End Opportunity Fund Stock Performance

FOF opened at $11.11 on Friday. Cohen & Steers Closed-End Opportunity Fund, Inc. has a twelve month low of $9.59 and a twelve month high of $11.75. The company has a 50-day moving average price of $11.33 and a 200 day moving average price of $11.05.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Tuesday, June 11th will be given a dividend of $0.087 per share. The ex-dividend date is Tuesday, June 11th. This represents a $1.04 annualized dividend and a dividend yield of 9.40%.

Cohen & Steers Closed-End Opportunity Fund Company Profile

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.