Waverly Advisors LLC Takes $895,000 Position in Cohen & Steers Quality Income Realty Fund, Inc. $RQI

Waverly Advisors LLC acquired a new position in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 74,306 shares of the real estate investment trust’s stock, valued at approximately $895,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Cohen & Steers Quality Income Realty Fund in the fourth quarter valued at $36,000. CoreCap Advisors LLC raised its stake in shares of Cohen & Steers Quality Income Realty Fund by 75.3% during the 4th quarter. CoreCap Advisors LLC now owns 3,291 shares of the real estate investment trust’s stock valued at $38,000 after buying an additional 1,414 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 102.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock valued at $58,000 after buying an additional 2,331 shares during the period. Triumph Capital Management purchased a new stake in shares of Cohen & Steers Quality Income Realty Fund in the third quarter worth about $59,000. Finally, Cassaday & Co Wealth Management LLC purchased a new position in Cohen & Steers Quality Income Realty Fund during the first quarter valued at approximately $107,000.

Cohen & Steers Quality Income Realty Fund Stock Performance

Cohen & Steers Quality Income Realty Fund stock opened at $12.59 on Friday. Cohen & Steers Quality Income Realty Fund, Inc. has a 12 month low of $11.30 and a 12 month high of $13.57. The stock’s 50 day simple moving average is $12.65 and its two-hundred day simple moving average is $12.69.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be issued a dividend of $0.09 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 8.6%.

Cohen & Steers Quality Income Realty Fund Profile

Cohen & Steers Quality Income Realty Fund (NYSE: RQI) is a closed-end management investment company that seeks to provide attractive levels of income and long-term growth of capital by investing primarily in real estate securities. The fund pursues a diversified portfolio approach, targeting real estate investment trusts (REITs) and real estate operating companies across a range of property sectors, including industrial, office, retail, residential and specialized real estate.

The fund’s investment strategy emphasizes high-quality, income-producing real estate securities.