Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Trading Up 1% – Time to Buy?

Shares of Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) were up 1% during mid-day trading on Monday . The stock traded as high as $15.29 and last traded at $15.2050. Approximately 37,367 shares were traded during trading, a decline of 53% from the average daily volume of 79,313 shares. The stock had previously closed at $15.05.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Up 1.0%

The stock has a 50 day moving average price of $15.24 and a 200 day moving average price of $15.13.

Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, January 30th. Shareholders of record on Tuesday, January 13th were given a $0.11 dividend. The ex-dividend date was Tuesday, January 13th. This represents a c) annualized dividend and a yield of 8.7%.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada boosted its position in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 21.4% during the 1st quarter. Royal Bank of Canada now owns 131,882 shares of the company’s stock valued at $2,023,000 after purchasing an additional 23,253 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the 1st quarter worth approximately $179,000. Geneos Wealth Management Inc. raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 575.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,527 shares of the company’s stock worth $54,000 after purchasing an additional 3,005 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 7.2% during the second quarter. Envestnet Asset Management Inc. now owns 25,665 shares of the company’s stock valued at $390,000 after purchasing an additional 1,730 shares during the last quarter. Finally, Cetera Investment Advisers lifted 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 purchasing an additional 2,346 shares during 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.