Royal Bank of Canada Decreases Stock Position in Cohen & Steers Quality Income Realty Fund, Inc. $RQI

Royal Bank of Canada cut its position in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 13.2% during the first quarter, HoldingsChannel.com reports. The fund owned 328,810 shares of the real estate investment trust’s stock after selling 49,849 shares during the period. Royal Bank of Canada’s holdings in Cohen & Steers Quality Income Realty Fund were worth $3,963,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Focus Partners Wealth lifted its holdings in Cohen & Steers Quality Income Realty Fund by 26.4% in the 1st quarter. Focus Partners Wealth now owns 21,138 shares of the real estate investment trust’s stock valued at $265,000 after purchasing an additional 4,417 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Cohen & Steers Quality Income Realty Fund by 102.5% during the first quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock worth $58,000 after buying an additional 2,331 shares in the last quarter. Invesco Ltd. purchased a new stake in shares of Cohen & Steers Quality Income Realty Fund during the second quarter worth $396,000. Baird Financial Group Inc. raised its position in shares of Cohen & Steers Quality Income Realty Fund by 3.6% in the second quarter. Baird Financial Group Inc. now owns 65,935 shares of the real estate investment trust’s stock valued at $821,000 after buying an additional 2,264 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in shares of Cohen & Steers Quality Income Realty Fund by 32.6% in the second quarter. NewEdge Advisors LLC now owns 10,327 shares of the real estate investment trust’s stock valued at $129,000 after buying an additional 2,537 shares during the last quarter.

Cohen & Steers Quality Income Realty Fund Stock Down 0.1%

Shares of NYSE RQI opened at $12.49 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 company has a 50-day moving average of $12.49 and a 200 day moving average of $12.72.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

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

About Cohen & Steers Quality Income Realty Fund

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.