Stratos Wealth Partners LTD. Reduces Holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Stratos Wealth Partners LTD. lessened its stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 14.1% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,439 shares of the company’s stock after selling 2,367 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Brookfield Real Assets Income Fund were worth $190,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new stake in Brookfield Real Assets Income Fund during the 4th quarter worth $3,550,000. LPL Financial LLC boosted its stake in Brookfield Real Assets Income Fund by 7.9% during the 4th quarter. LPL Financial LLC now owns 80,666 shares of the company’s stock valued at $1,074,000 after purchasing an additional 5,886 shares during the period. Arlington Capital Management Inc. lifted its stake in shares of Brookfield Real Assets Income Fund by 10.6% in the 4th quarter. Arlington Capital Management Inc. now owns 70,230 shares of the company’s stock worth $935,000 after acquiring an additional 6,730 shares during the period. Prevail Innovative Wealth Advisors LLC raised its holdings in shares of Brookfield Real Assets Income Fund by 21.7% in the 4th quarter. Prevail Innovative Wealth Advisors LLC now owns 88,628 shares of the company’s stock worth $1,181,000 after purchasing an additional 15,789 shares in the last quarter. Finally, Thomas J. Herzfeld Advisors Inc. raised its holdings in shares of Brookfield Real Assets Income Fund by 92.3% in the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 594,984 shares of the company’s stock worth $7,925,000 after purchasing an additional 285,513 shares in the last quarter.

Brookfield Real Assets Income Fund Stock Performance

RA stock opened at $13.33 on Thursday. Brookfield Real Assets Income Fund Inc. has a 52-week low of $11.87 and a 52-week high of $13.77. The company’s 50 day simple moving average is $13.05 and its 200-day simple moving average is $13.12.

Brookfield Real Assets Income Fund Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Thursday, July 24th. Shareholders of record on Friday, July 11th will be paid a $0.118 dividend. The ex-dividend date of this dividend is Thursday, July 10th. This represents a yield of 10.49%. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -1,281.82%.

About Brookfield Real Assets Income Fund

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.