Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Trading Up 0.5% – Time to Buy?

Shares of Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) were up 0.5% during trading on Friday . The stock traded as high as $15.65 and last traded at $15.5750. Approximately 48,115 shares traded hands during trading, a decline of 47% from the average daily volume of 90,106 shares. The stock had previously closed at $15.49.

Cohen & Steers Real Estate Opportunities & Income Fund Trading Up 0.5%

The company has a fifty day simple moving average of $14.92 and a two-hundred day simple moving average of $15.11.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Investors of record on Tuesday, March 10th will be paid a dividend of $0.11 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a c) dividend on an annualized basis and a dividend yield of 8.5%.

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

A number of large investors have recently made changes to their positions in RLTY. Invesco Ltd. bought a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter valued at about $475,000. XTX Topco Ltd bought a new position in Cohen & Steers Real Estate Opportunities & Income Fund in the fourth quarter valued at approximately $188,000. Cetera Investment Advisers boosted its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 11.6% in the fourth quarter. Cetera Investment Advisers now owns 13,518 shares of the company’s stock valued at $199,000 after buying an additional 1,404 shares during the period. Osaic Holdings Inc. increased its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 90.1% during the fourth quarter. Osaic Holdings Inc. now owns 23,238 shares of the company’s stock worth $342,000 after acquiring an additional 11,016 shares in the last quarter. Finally, Royal Bank of Canada increased its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 3.7% during the fourth quarter. Royal Bank of Canada now owns 149,888 shares of the company’s stock worth $2,203,000 after acquiring an additional 5,371 shares in the last quarter.

About Cohen & Steers Real Estate Opportunities & Income Fund

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE: RLTY) is a closed-end management investment company that seeks to provide total return through a combination of current income, capital appreciation and capital gains. The fund pursues its objectives by investing primarily in publicly traded real estate investment trusts (REITs) and other real estate securities. It may also allocate a portion of its assets to preferred equity, real estate operating companies and debt instruments when market opportunities arise.

The fund’s portfolio spans a wide range of property sectors, including office, industrial, retail, residential and specialized real estate such as healthcare and lodging.