Cohen & Steers Total Return Realty Fund (NYSE:RFI) Shares Pass Below 200 Day Moving Average – What’s Next?

Shares of Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.93 and traded as low as $11.46. Cohen & Steers Total Return Realty Fund shares last traded at $11.5810, with a volume of 74,200 shares changing hands.

Cohen & Steers Total Return Realty Fund Trading Up 1.0%

The business’s 50-day moving average is $11.85 and its two-hundred day moving average is $11.93.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th will be given a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Tuesday, December 9th.

Institutional Trading of Cohen & Steers Total Return Realty Fund

A number of large investors have recently bought and sold shares of RFI. Allworth Financial LP bought a new stake in shares of Cohen & Steers Total Return Realty Fund in the second quarter valued at $25,000. AdvisorNet Financial Inc increased its holdings in Cohen & Steers Total Return Realty Fund by 65.2% in the 2nd quarter. AdvisorNet Financial Inc now owns 2,610 shares of the real estate investment trust’s stock worth $31,000 after acquiring an additional 1,030 shares during the last quarter. Eastern Bank bought a new stake in Cohen & Steers Total Return Realty Fund in the 3rd quarter valued at about $46,000. Northwestern Mutual Wealth Management Co. raised its stake in Cohen & Steers Total Return Realty Fund by 77.1% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 3,979 shares of the real estate investment trust’s stock valued at $48,000 after acquiring an additional 1,732 shares during the period. Finally, Cape Investment Advisory Inc. purchased a new stake in Cohen & Steers Total Return Realty Fund during the first quarter valued at about $60,000. 20.42% of the stock is owned by hedge funds and other institutional investors.

About Cohen & Steers Total Return Realty Fund

Cohen & Steers Total Return 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.