Cohen & Steers Total Return Realty Fund (NYSE:RFI) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI)’s share price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.34 and traded as high as $11.40. Cohen & Steers Total Return Realty Fund shares last traded at $11.26, with a volume of 181,240 shares.

Cohen & Steers Total Return Realty Fund Stock Performance

The company has a 50-day moving average of $11.35 and a 200 day moving average of $11.34.

Cohen & Steers Total Return Realty Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a dividend of $0.08 per share. This represents a c) annualized dividend and a yield of 8.5%. The ex-dividend date is Tuesday, June 9th.

Institutional Investors Weigh In On Cohen & Steers Total Return Realty Fund

Several hedge funds have recently added to or reduced their stakes in RFI. Royal Bank of Canada lifted its stake in Cohen & Steers Total Return Realty Fund by 5.8% during the first quarter. Royal Bank of Canada now owns 167,148 shares of the real estate investment trust’s stock worth $2,021,000 after purchasing an additional 9,093 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 5.7% in the 2nd quarter. Bank of America Corp DE now owns 54,093 shares of the real estate investment trust’s stock valued at $652,000 after acquiring an additional 2,899 shares during the last quarter. NWF Advisory Services Inc. lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 5.6% in the 3rd quarter. NWF Advisory Services Inc. now owns 32,275 shares of the real estate investment trust’s stock valued at $391,000 after acquiring an additional 1,700 shares during the last quarter. Stratos Wealth Advisors LLC lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 6.2% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 80,047 shares of the real estate investment trust’s stock valued at $969,000 after acquiring an additional 4,692 shares during the last quarter. Finally, Cresset Asset Management LLC lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 7.4% in the 3rd quarter. Cresset Asset Management LLC now owns 13,209 shares of the real estate investment trust’s stock valued at $160,000 after acquiring an additional 905 shares during the last quarter. Institutional investors own 20.42% of the company’s stock.

About Cohen & Steers Total Return Realty Fund

Cohen & Steers Total Return Realty Fund, Inc (NYSE:RFI) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research?driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.