Cohen & Steers Quality Income Realty Fund (NYSE:RQI) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $12.37 and traded as high as $13.44. Cohen & Steers Quality Income Realty Fund shares last traded at $13.3420, with a volume of 185,989 shares.

Cohen & Steers Quality Income Realty Fund Trading Up 0.6%

The company’s fifty day moving average is $12.82 and its 200-day moving average is $12.38.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.09 per share. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Tuesday, June 9th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Focus Partners Wealth raised its position in Cohen & Steers Quality Income Realty Fund by 26.4% during the first quarter. Focus Partners Wealth now owns 21,138 shares of the real estate investment trust’s stock valued at $265,000 after acquiring an additional 4,417 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in Cohen & Steers Quality Income Realty Fund by 102.5% in the first quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock valued at $58,000 after buying an additional 2,331 shares in the last quarter. Invesco Ltd. purchased a new position in Cohen & Steers Quality Income Realty Fund in the second quarter valued at $396,000. Baird Financial Group Inc. increased its holdings in Cohen & Steers Quality Income Realty Fund by 3.6% in the second quarter. Baird Financial Group Inc. now owns 65,935 shares of the real estate investment trust’s stock valued at $821,000 after buying an additional 2,264 shares in the last quarter. Finally, NewEdge Advisors LLC increased its holdings in Cohen & Steers Quality Income Realty Fund by 32.6% in the second quarter. NewEdge Advisors LLC now owns 10,327 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 2,537 shares in the last quarter.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund (NYSE: RQI) is a closed-end management investment company that seeks to provide attractive levels of income and long-term growth of capital by investing primarily in real estate securities. The fund pursues a diversified portfolio approach, targeting real estate investment trusts (REITs) and real estate operating companies across a range of property sectors, including industrial, office, retail, residential and specialized real estate.

The fund’s investment strategy emphasizes high-quality, income-producing real estate securities.