CBRE Global Real Estate Income Fund (NYSE:IGR) Share Price Crosses Below 200-Day Moving Average – What’s Next?

CBRE Global Real Estate Income Fund (NYSE:IGR)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.58 and traded as low as $5.11. CBRE Global Real Estate Income Fund shares last traded at $5.17, with a volume of 296,365 shares traded.

CBRE Global Real Estate Income Fund Trading Down 0.7 %

The business’s fifty day simple moving average is $5.21 and its 200 day simple moving average is $5.57.

CBRE Global Real Estate Income Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.06 per share. This represents a dividend yield of 13.53%. The ex-dividend date of this dividend was Thursday, February 20th.

Institutional Investors Weigh In On CBRE Global Real Estate Income Fund

Institutional investors have recently modified their holdings of the business. Jane Street Group LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the 3rd quarter worth approximately $67,000. Daymark Wealth Partners LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the 4th quarter worth approximately $49,000. Centurion Wealth Management LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the 4th quarter worth approximately $50,000. SeaCrest Wealth Management LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the 4th quarter worth approximately $54,000. Finally, Walleye Capital LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the 4th quarter worth approximately $58,000.

CBRE Global Real Estate Income Fund Company Profile

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia.