Janney Montgomery Scott LLC Sells 3,333 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Janney Montgomery Scott LLC trimmed its holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 17.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,644 shares of the company’s stock after selling 3,333 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Brookfield Real Assets Income Fund were worth $206,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in RA. Noble Wealth Management PBC boosted its position in shares of Brookfield Real Assets Income Fund by 7.6% during the 1st quarter. Noble Wealth Management PBC now owns 150,069 shares of the company’s stock valued at $1,975,000 after acquiring an additional 10,585 shares during the last quarter. Sterneck Capital Management LLC boosted its position in Brookfield Real Assets Income Fund by 52.2% during the first quarter. Sterneck Capital Management LLC now owns 52,604 shares of the company’s stock valued at $692,000 after purchasing an additional 18,041 shares in the last quarter. Ameriflex Group Inc. bought a new stake in Brookfield Real Assets Income Fund during the fourth quarter valued at about $135,000. Pathstone Holdings LLC boosted its holdings in Brookfield Real Assets Income Fund by 5.1% in the fourth quarter. Pathstone Holdings LLC now owns 890,139 shares of the company’s stock worth $11,872,000 after acquiring an additional 42,812 shares in the last quarter. Finally, Cary Street Partners Financial LLC purchased a new position in shares of Brookfield Real Assets Income Fund in the fourth quarter worth about $294,000.

Brookfield Real Assets Income Fund Trading Down 0.2%

Shares of RA stock opened at $13.49 on Monday. The stock has a 50 day moving average of $12.99 and a 200 day moving average of $13.11. Brookfield Real Assets Income Fund Inc. has a twelve month low of $11.87 and a twelve month high of $13.77.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Thursday, July 24th. Investors of record on Friday, July 11th will be given a dividend of $0.118 per share. This represents a dividend yield of 10.49%. The ex-dividend date is Thursday, July 10th. Brookfield Real Assets Income Fund’s payout ratio is -1,281.82%.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc The fund is co-managed by Schroder Investment Management North America Inc It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities.