First Republic Investment Management Inc. acquired a new stake in Cohen & Steers Quality Income Realty Inc (NYSE:RQI) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 32,456 shares of the real estate investment trust’s stock, valued at approximately $390,000.

Several other hedge funds also recently added to or reduced their stakes in RQI. NINE MASTS CAPITAL Ltd bought a new stake in shares of Cohen & Steers Quality Income Realty in the 2nd quarter valued at approximately $2,774,000. Cambridge Investment Research Advisors Inc. grew its stake in shares of Cohen & Steers Quality Income Realty by 165.3% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 318,496 shares of the real estate investment trust’s stock valued at $3,828,000 after purchasing an additional 198,447 shares during the period. Quad Cities Investment Group LLC bought a new stake in shares of Cohen & Steers Quality Income Realty in the 1st quarter valued at approximately $730,000. Raymond James Financial Services Advisors Inc. grew its stake in shares of Cohen & Steers Quality Income Realty by 5.1% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 988,768 shares of the real estate investment trust’s stock valued at $11,885,000 after purchasing an additional 48,040 shares during the period. Finally, Suntrust Banks Inc. bought a new stake in shares of Cohen & Steers Quality Income Realty in the 1st quarter valued at approximately $488,000.

RQI stock opened at $12.08 on Wednesday. Cohen & Steers Quality Income Realty Inc has a 1-year low of $10.55 and a 1-year high of $12.93.

The business also recently disclosed a monthly dividend, which will be paid on Friday, November 30th. Stockholders of record on Wednesday, November 14th will be paid a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, November 13th. This represents a $0.96 annualized dividend and a dividend yield of 7.95%.

About Cohen & Steers Quality Income Realty

Cohen & Steers Quality Income Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.

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Institutional Ownership by Quarter for Cohen & Steers Quality Income Realty (NYSE:RQI)

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