Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Shares Up 0.5% – Here’s What Happened

Shares of Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) were up 0.5% during trading on Friday . The company traded as high as $15.65 and last traded at $15.5750. Approximately 48,115 shares were traded during mid-day 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 Stock Up 0.5%

The company’s 50 day simple moving average is $14.92 and its 200-day simple moving average is $15.11.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The firm 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) annualized dividend and a yield of 8.5%.

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

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