Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Shares Down 0.6% – Here’s What Happened

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY)’s stock price fell 0.6% during mid-day trading on Tuesday . The stock traded as low as $15.57 and last traded at $15.60. 52,396 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 71,444 shares. The stock had previously closed at $15.69.

Cohen & Steers Real Estate Opportunities & Income Fund Price Performance

The company has a 50-day simple moving average of $15.41 and a 200-day simple moving average of $15.15.

Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, August 29th. Shareholders of record on Tuesday, August 12th were paid a $0.11 dividend. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date of this dividend was Tuesday, August 12th.

Institutional Trading of Cohen & Steers Real Estate Opportunities & Income Fund

Hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 28.2% in the 4th quarter. Bank of America Corp DE now owns 318,997 shares of the company’s stock worth $4,715,000 after purchasing an additional 70,236 shares during the period. Cetera Investment Advisers raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 48.8% during the 4th quarter. Cetera Investment Advisers now owns 20,026 shares of the company’s stock valued at $296,000 after buying an additional 6,565 shares during the period. Pathstone Holdings LLC raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 8.0% during the 4th quarter. Pathstone Holdings LLC now owns 741,215 shares of the company’s stock valued at $10,961,000 after buying an additional 54,640 shares during the period. Pettinga Financial Advisors LLC purchased a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter valued at about $285,000. Finally, Consolidated Portfolio Review Corp raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 50.1% during the 1st quarter. Consolidated Portfolio Review Corp now owns 111,054 shares of the company’s stock valued at $1,704,000 after buying an additional 37,067 shares during the period.

About Cohen & Steers Real Estate Opportunities & Income Fund

Cohen & Steers Real Estate Opportunities & Income Fund is an open end balanced mutual fund launched and managed by Cohen & Steers Capital Management, Inc It invests in the public equity and fixed income markets of global region. For its equity portion, the fund invests directly and through derivatives in stocks of companies operating across financials, diversified financials, mortgage real estate investment trusts (reits) and real estate sectors.