Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Trading 0% Higher – Still a Buy?

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) shares traded up 0% during trading on Tuesday . The company traded as high as $15.12 and last traded at $15.0560. 64,773 shares changed hands during trading, a decline of 5% from the average session volume of 68,248 shares. The stock had previously closed at $15.05.

Cohen & Steers Real Estate Opportunities & Income Fund Price Performance

The company’s 50 day simple moving average is $15.07 and its two-hundred day simple moving average is $15.22.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be given a $0.11 dividend. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend is Tuesday, December 9th.

Institutional Investors Weigh In On Cohen & Steers Real Estate Opportunities & Income Fund

Large investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. bought a new position in Cohen & Steers Real Estate Opportunities & Income Fund during the first quarter valued at approximately $367,000. Cetera Investment Advisers grew its position in Cohen & Steers Real Estate Opportunities & Income Fund by 24.3% in the first quarter. Cetera Investment Advisers now owns 24,883 shares of the company’s stock worth $382,000 after acquiring an additional 4,857 shares in the last quarter. Atria Wealth Solutions Inc. increased its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 8.0% during the 1st quarter. Atria Wealth Solutions Inc. now owns 24,225 shares of the company’s stock worth $372,000 after purchasing an additional 1,800 shares during the last quarter. Wolverine Asset Management LLC increased its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 39.9% during the 1st quarter. Wolverine Asset Management LLC now owns 18,264 shares of the company’s stock worth $280,000 after purchasing an additional 5,205 shares during the last quarter. Finally, Virtu Financial LLC bought a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 1st quarter valued at $170,000.

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.