Cohen & Steers Total Return Realty Fund (NYSE:RFI) Shares Pass Below 200 Day Moving Average of $11.60

Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $11.60 and traded as low as $11.13. Cohen & Steers Total Return Realty Fund shares last traded at $11.16, with a volume of 119,667 shares.

Cohen & Steers Total Return Realty Fund Stock Performance

The stock’s 50-day moving average price is $11.32 and its 200-day moving average price is $11.60.

Cohen & Steers Total Return Realty Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 10th will be given a $0.08 dividend. This represents a $0.96 annualized dividend and a yield of 8.44%. The ex-dividend date of this dividend is Tuesday, September 10th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of RFI. LPL Financial LLC lifted its stake in shares of Cohen & Steers Total Return Realty Fund by 0.7% during the third quarter. LPL Financial LLC now owns 322,179 shares of the real estate investment trust’s stock valued at $3,376,000 after acquiring an additional 2,250 shares during the period. Raymond James & Associates raised its holdings in Cohen & Steers Total Return Realty Fund by 12.3% during the 4th quarter. Raymond James & Associates now owns 32,666 shares of the real estate investment trust’s stock worth $384,000 after purchasing an additional 3,588 shares during the last quarter. International Assets Investment Management LLC acquired a new position in Cohen & Steers Total Return Realty Fund during the 4th quarter valued at about $331,000. Cornerstone Advisors LLC boosted its stake in shares of Cohen & Steers Total Return Realty Fund by 31.2% in the 4th quarter. Cornerstone Advisors LLC now owns 181,259 shares of the real estate investment trust’s stock valued at $2,130,000 after purchasing an additional 43,078 shares during the last quarter. Finally, Waterloo Capital L.P. acquired a new stake in shares of Cohen & Steers Total Return Realty Fund during the 4th quarter worth approximately $254,000. 20.42% of the stock is currently owned by institutional investors.

Cohen & Steers Total Return Realty Fund Company Profile

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.