Kapstone Financial Advisors LLC Invests $139,000 in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF)

Kapstone Financial Advisors LLC purchased a new stake in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 11,650 shares of the company’s stock, valued at approximately $139,000.

Other large investors have also added to or reduced their stakes in the company. Commonwealth Equity Services LLC raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 7.1% in the 2nd quarter. Commonwealth Equity Services LLC now owns 419,457 shares of the company’s stock worth $5,013,000 after purchasing an additional 27,639 shares during the last quarter. Saxony Capital Management LLC raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 5.2% in the 2nd quarter. Saxony Capital Management LLC now owns 25,493 shares of the company’s stock worth $305,000 after purchasing an additional 1,250 shares during the last quarter. Raymond James Trust N.A. raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 19.3% in the 2nd quarter. Raymond James Trust N.A. now owns 54,925 shares of the company’s stock worth $656,000 after purchasing an additional 8,893 shares during the last quarter. Concourse Financial Group Securities Inc. purchased a new position in shares of Cohen & Steers Closed-End Opportunity Fund in the 1st quarter worth about $25,000. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of Cohen & Steers Closed-End Opportunity Fund in the 1st quarter worth about $99,000.

Cohen & Steers Closed-End Opportunity Fund Price Performance

Shares of FOF remained flat at $12.67 during trading hours on Thursday. The stock had a trading volume of 42,358 shares, compared to its average volume of 52,837. The company’s 50-day moving average is $12.18 and its two-hundred day moving average is $11.75. Cohen & Steers Closed-End Opportunity Fund, Inc. has a 12-month low of $9.59 and a 12-month high of $12.75.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 10th will be issued a $0.087 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.04 annualized dividend and a yield of 8.24%.

Cohen & Steers Closed-End Opportunity Fund Company Profile

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.