Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Trading Up 1.6% – Here’s What Happened

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY)’s stock price was up 1.6% during trading on Wednesday . The company traded as high as $15.33 and last traded at $15.22. Approximately 52,568 shares changed hands during trading, a decline of 25% from the average daily volume of 70,338 shares. The stock had previously closed at $14.97.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

The business has a 50-day moving average price of $15.38 and a 200 day moving average price of $15.12.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th will be issued a $0.11 dividend. The ex-dividend date is Tuesday, December 9th. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Advisors Asset Management Inc. lifted its position in Cohen & Steers Real Estate Opportunities & Income Fund by 76.1% in the 1st quarter. Advisors Asset Management Inc. now owns 300,783 shares of the company’s stock worth $4,614,000 after buying an additional 130,004 shares in the last quarter. Beacon Capital Management Inc. purchased a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter valued at $903,000. Wolverine Asset Management LLC increased its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 292.3% in the second quarter. Wolverine Asset Management LLC now owns 71,646 shares of the company’s stock worth $1,088,000 after acquiring an additional 53,382 shares during the last quarter. Consolidated Portfolio Review Corp raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 50.1% during the first quarter. Consolidated Portfolio Review Corp now owns 111,054 shares of the company’s stock worth $1,704,000 after acquiring an additional 37,067 shares in the last quarter. Finally, Prospera Financial Services Inc acquired a new stake in Cohen & Steers Real Estate Opportunities & Income Fund during the second quarter valued at $508,000.

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.