Mercer Global Advisors Inc. ADV Sells 4,060 Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Mercer Global Advisors Inc. ADV lowered its stake in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 21.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,987 shares of the real estate investment trust’s stock after selling 4,060 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Cohen & Steers Quality Income Realty Fund were worth $183,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in RQI. Strategic Financial Concepts LLC acquired a new position in Cohen & Steers Quality Income Realty Fund during the fourth quarter worth $315,000. Choreo LLC bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the 4th quarter valued at about $174,000. LPL Financial LLC increased its stake in shares of Cohen & Steers Quality Income Realty Fund by 28.6% during the 4th quarter. LPL Financial LLC now owns 962,075 shares of the real estate investment trust’s stock worth $11,776,000 after purchasing an additional 214,071 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Cohen & Steers Quality Income Realty Fund by 4.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 92,744 shares of the real estate investment trust’s stock valued at $1,135,000 after purchasing an additional 4,211 shares during the period. Finally, Atria Wealth Solutions Inc. lifted its stake in Cohen & Steers Quality Income Realty Fund by 36.2% in the 4th quarter. Atria Wealth Solutions Inc. now owns 39,973 shares of the real estate investment trust’s stock valued at $489,000 after purchasing an additional 10,632 shares during the last quarter.

Cohen & Steers Quality Income Realty Fund Trading Up 2.2%

Cohen & Steers Quality Income Realty Fund stock opened at $12.54 on Friday. The stock has a 50-day simple moving average of $12.09 and a 200 day simple moving average of $12.62. Cohen & Steers Quality Income Realty Fund, Inc. has a 52 week low of $10.39 and a 52 week high of $14.41.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Friday, May 30th. Stockholders of record on Wednesday, May 14th will be given a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, May 13th. This represents a dividend yield of 7.81%.

Cohen & Steers Quality Income Realty Fund Profile

Cohen & Steers Quality Income 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.