Institute for Wealth Management LLC. bought a new position in Cohen & Steers Quality Income Realty Inc (NYSE:RQI) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 23,138 shares of the real estate investment trust’s stock, valued at approximately $291,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in RQI. Wedbush Securities Inc. increased its holdings in Cohen & Steers Qualityome Realty by 0.3% during the 2nd quarter. Wedbush Securities Inc. now owns 13,657 shares of the real estate investment trust’s stock worth $172,000 after purchasing an additional 43 shares in the last quarter. Raymond James Trust N.A. raised its stake in shares of Cohen & Steers Qualityome Realty by 0.8% in the 2nd quarter. Raymond James Trust N.A. now owns 22,270 shares of the real estate investment trust’s stock valued at $281,000 after purchasing an additional 168 shares during the period. Conning Inc. raised its stake in shares of Cohen & Steers Qualityome Realty by 0.7% in the 2nd quarter. Conning Inc. now owns 46,435 shares of the real estate investment trust’s stock valued at $585,000 after purchasing an additional 333 shares during the period. Citigroup Inc. raised its stake in shares of Cohen & Steers Qualityome Realty by 20.5% in the 2nd quarter. Citigroup Inc. now owns 10,419 shares of the real estate investment trust’s stock valued at $131,000 after purchasing an additional 1,769 shares during the period. Finally, Kelman Lazarov Inc. raised its stake in shares of Cohen & Steers Qualityome Realty by 6.0% in the 2nd quarter. Kelman Lazarov Inc. now owns 53,237 shares of the real estate investment trust’s stock valued at $670,000 after purchasing an additional 3,000 shares during the period.

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Shares of Cohen & Steers Quality Income Realty Inc (NYSE:RQI) traded up 0.24% during mid-day trading on Tuesday, hitting $12.58. The stock had a trading volume of 13,822 shares. The firm’s 50 day moving average price is $12.65 and its 200 day moving average price is $12.68. Cohen & Steers Quality Income Realty Inc has a 1-year low of $11.11 and a 1-year high of $13.27.

The business also recently declared a monthly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Wednesday, October 18th will be issued a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a yield of 7.65%. The ex-dividend date is Tuesday, October 17th.

Cohen & Steers Qualityome Realty Company Profile

Cohen & Steers Quality Income Realty Fund, Inc (the Fund) is a diversified, closed-end management investment company. The primary investment objective of the Fund is high current income through investment in real estate securities. The secondary investment objective is capital appreciation. Real estate securities include common stocks, preferred stocks and other equity securities of any market capitalization issued by real estate companies, including real estate investment trusts (REITs) and similar REIT-like entities.

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

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