Cohen & Steers Total Return Realty Fund (NYSE:RFI) Share Price Crosses Above 50 Day Moving Average of $11.98

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) shares passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $11.98 and traded as high as $13.02. Cohen & Steers Total Return Realty Fund shares last traded at $13.00, with a volume of 175,775 shares trading hands.

Cohen & Steers Total Return Realty Fund Price Performance

The business’s 50 day moving average is $11.98 and its two-hundred day moving average is $11.67.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 10th will be issued a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 7.38%. The ex-dividend date is Tuesday, September 10th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RFI. International Assets Investment Management LLC bought a new position in shares of Cohen & Steers Total Return Realty Fund in the fourth quarter worth approximately $331,000. Cornerstone Advisors LLC boosted its holdings in Cohen & Steers Total Return Realty Fund by 31.2% in the fourth quarter. Cornerstone Advisors LLC now owns 181,259 shares of the real estate investment trust’s stock valued at $2,130,000 after acquiring an additional 43,078 shares in the last quarter. Waterloo Capital L.P. bought a new stake in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at $254,000. PFG Investments LLC bought a new stake in shares of Cohen & Steers Total Return Realty Fund during the 1st quarter valued at $336,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in shares of Cohen & Steers Total Return Realty Fund by 5.5% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 331,662 shares of the real estate investment trust’s stock valued at $3,943,000 after buying an additional 17,151 shares in the last quarter. Institutional investors own 20.42% of the company’s stock.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.