Northwestern Mutual Wealth Management Co. Invests $44,000 in CBRE Clarion Global Real Estate Incm Fd (NYSE:IGR)

Northwestern Mutual Wealth Management Co. bought a new position in CBRE Clarion Global Real Estate Incm Fd (NYSE:IGR) during the 4th quarter, HoldingsChannel reports. The fund bought 5,440 shares of the closed-end fund’s stock, valued at approximately $44,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. NEXT Financial Group Inc grew its holdings in shares of CBRE Clarion Global Real Estate Incm Fd by 14.7% in the 4th quarter. NEXT Financial Group Inc now owns 12,300 shares of the closed-end fund’s stock worth $99,000 after purchasing an additional 1,575 shares during the last quarter. Cetera Advisor Networks LLC grew its holdings in shares of CBRE Clarion Global Real Estate Incm Fd by 10.7% in the 4th quarter. Cetera Advisor Networks LLC now owns 20,715 shares of the closed-end fund’s stock worth $166,000 after purchasing an additional 2,000 shares during the last quarter. Advisory Services Network LLC grew its holdings in shares of CBRE Clarion Global Real Estate Incm Fd by 394.4% in the 4th quarter. Advisory Services Network LLC now owns 3,901 shares of the closed-end fund’s stock worth $31,000 after purchasing an additional 3,112 shares during the last quarter. Edmonds Duncan Registered Investment Advisors LLC grew its holdings in shares of CBRE Clarion Global Real Estate Incm Fd by 1.8% in the 4th quarter. Edmonds Duncan Registered Investment Advisors LLC now owns 183,676 shares of the closed-end fund’s stock worth $1,473,000 after purchasing an additional 3,221 shares during the last quarter. Finally, Pinnacle Wealth Planning Services Inc. grew its holdings in shares of CBRE Clarion Global Real Estate Incm Fd by 36.0% in the 4th quarter. Pinnacle Wealth Planning Services Inc. now owns 15,891 shares of the closed-end fund’s stock worth $127,000 after purchasing an additional 4,208 shares during the last quarter.

Shares of IGR traded up $0.49 during trading hours on Thursday, hitting $5.26. The stock had a trading volume of 851,683 shares, compared to its average volume of 530,445. The company’s fifty day moving average is $7.08 and its two-hundred day moving average is $7.71. CBRE Clarion Global Real Estate Incm Fd has a 52 week low of $3.53 and a 52 week high of $8.56.

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 20th will be issued a $0.05 dividend. This represents a $0.60 annualized dividend and a dividend yield of 11.41%. The ex-dividend date of this dividend is Thursday, March 19th.

CBRE Clarion Global Real Estate Incm Fd Company Profile

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia.

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Institutional Ownership by Quarter for CBRE Clarion Global Real Estate Incm Fd (NYSE:IGR)

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