Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Shares Up 0.1% – Here’s Why

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY)’s stock price shot up 0.1% during trading on Wednesday . The stock traded as high as $15.37 and last traded at $15.3390. 55,762 shares changed hands during mid-day trading, a decline of 24% from the average session volume of 73,233 shares. The stock had previously closed at $15.33.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Up 0.1%

The company has a 50 day moving average of $15.23 and a 200 day moving average of $15.02.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be paid a dividend of $0.11 per share. The ex-dividend date is Tuesday, June 9th. This represents a c) annualized dividend and a yield of 8.6%.

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

Several institutional investors and hedge funds have recently bought and sold shares of RLTY. Royal Bank of Canada raised its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 21.4% during the first quarter. Royal Bank of Canada now owns 131,882 shares of the company’s stock valued at $2,023,000 after buying an additional 23,253 shares in the last quarter. Jane Street Group LLC acquired a new stake in Cohen & Steers Real Estate Opportunities & Income Fund during the first quarter valued at approximately $179,000. Geneos Wealth Management Inc. raised its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 575.7% during the first quarter. Geneos Wealth Management Inc. now owns 3,527 shares of the company’s stock valued at $54,000 after buying an additional 3,005 shares in the last quarter. Cetera Investment Advisers raised its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 9.4% during the second quarter. Cetera Investment Advisers now owns 27,229 shares of the company’s stock valued at $413,000 after buying an additional 2,346 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 1.6% during the second quarter. Raymond James Financial Inc. now owns 132,791 shares of the company’s stock valued at $2,016,000 after buying an additional 2,059 shares in the last quarter.

Cohen & Steers Real Estate Opportunities & Income Fund Company Profile

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.