Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Stock Price Down 0.1% – Time to Sell?

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) dropped 0.1% during trading on Thursday . The company traded as low as $14.95 and last traded at $15.0010. Approximately 49,724 shares were traded during mid-day trading, a decline of 28% from the average daily volume of 69,540 shares. The stock had previously closed at $15.01.

Cohen & Steers Real Estate Opportunities & Income Fund Price Performance

The firm has a 50-day simple moving average of $15.30 and a two-hundred day simple moving average of $15.22.

Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be given a dividend of $0.11 per share. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date of this dividend is Tuesday, December 9th.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Larson Financial Group LLC raised its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 88.9% during the 1st quarter. Larson Financial Group LLC now owns 1,700 shares of the company’s stock valued at $26,000 after purchasing an additional 800 shares in the last quarter. Elequin Capital LP bought a new stake in Cohen & Steers Real Estate Opportunities & Income Fund in the first quarter worth $38,000. CWM LLC increased its position in Cohen & Steers Real Estate Opportunities & Income Fund by 1,689.2% during the first quarter. CWM LLC now owns 2,648 shares of the company’s stock worth $41,000 after buying an additional 2,500 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 575.7% during the first quarter. Geneos Wealth Management Inc. now owns 3,527 shares of the company’s stock valued at $54,000 after buying an additional 3,005 shares in the last quarter. Finally, Osaic Holdings Inc. raised its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 58.0% during the second quarter. Osaic Holdings Inc. now owns 10,171 shares of the company’s stock valued at $154,000 after buying an additional 3,735 shares in the last quarter.

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.