Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Trading Up 0.5% – What’s Next?

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY)’s share price traded up 0.5% during trading on Friday . The company traded as high as $15.65 and last traded at $15.5750. 48,115 shares were traded during trading, a decline of 47% from the average session volume of 90,106 shares. The stock had previously closed at $15.49.

Cohen & Steers Real Estate Opportunities & Income Fund Trading Up 0.5%

The business has a 50-day moving average price of $14.92 and a two-hundred day moving average price of $15.11.

Cohen & Steers Real Estate Opportunities & Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.11 per share. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date is Tuesday, March 10th.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Gilpin Wealth Management LLC acquired a new stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund during the 4th quarter worth approximately $33,000. Global Retirement Partners LLC bought a new stake in Cohen & Steers Real Estate Opportunities & Income Fund during the fourth quarter worth $51,000. Geneos Wealth Management Inc. boosted its holdings in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 575.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 3,527 shares of the company’s stock valued at $54,000 after purchasing an additional 3,005 shares in the last quarter. US Bancorp DE bought a new position in shares of Cohen & Steers Real Estate Opportunities & Income Fund in the 3rd quarter valued at $99,000. Finally, Osaic Holdings Inc. increased its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 58.0% in the 2nd quarter. Osaic Holdings Inc. now owns 10,171 shares of the company’s stock valued at $154,000 after purchasing an additional 3,735 shares during the last quarter.

About Cohen & Steers Real Estate Opportunities & Income Fund

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE: RLTY) is a closed-end management investment company that seeks to provide total return through a combination of current income, capital appreciation and capital gains. The fund pursues its objectives by investing primarily in publicly traded real estate investment trusts (REITs) and other real estate securities. It may also allocate a portion of its assets to preferred equity, real estate operating companies and debt instruments when market opportunities arise.

The fund’s portfolio spans a wide range of property sectors, including office, industrial, retail, residential and specialized real estate such as healthcare and lodging.