Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Trading 0.2% Higher – Here’s Why

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY)’s stock price traded up 0.2% during mid-day trading on Thursday . The stock traded as high as $15.78 and last traded at $15.67. 43,988 shares traded hands during trading, a decline of 46% from the average session volume of 82,141 shares. The stock had previously closed at $15.64.

Cohen & Steers Real Estate Opportunities & Income Fund Price Performance

The company has a 50-day moving average price of $15.28 and a two-hundred day moving average price of $15.93.

Cohen & Steers Real Estate Opportunities & Income Fund Announces Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a $0.11 dividend. The ex-dividend date of this dividend was Tuesday, January 14th. This represents a dividend yield of 9.08%.

Hedge Funds Weigh In On Cohen & Steers Real Estate Opportunities & Income Fund

Hedge funds have recently added to or reduced their stakes in the stock. DecisionPoint Financial LLC purchased a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the 4th quarter worth approximately $30,000. PNC Financial Services Group Inc. bought a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the 4th quarter worth approximately $186,000. Wolverine Asset Management LLC bought a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the 4th quarter worth approximately $193,000. Stifel Financial Corp raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 19.1% in the 3rd quarter. Stifel Financial Corp now owns 18,342 shares of the company’s stock worth $313,000 after purchasing an additional 2,942 shares during the period. Finally, Concorde Asset Management LLC raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 25.6% in the 3rd quarter. Concorde Asset Management LLC now owns 21,600 shares of the company’s stock worth $369,000 after purchasing an additional 4,400 shares during the period.

Cohen & Steers Real Estate Opportunities & Income Fund Company Profile

Cohen & Steers Real Estate Opportunities & Income Fund is an open end balanced mutual fund launched and managed by Cohen & Steers Capital Management, Inc It invests in the public equity and fixed income markets of global region. For its equity portion, the fund invests directly and through derivatives in stocks of companies operating across financials, diversified financials, mortgage real estate investment trusts (reits) and real estate sectors.