Patten & Patten Inc. TN Takes $490,000 Position in Cohen & Steers Total Return Realty Fund, Inc. $RFI

Patten & Patten Inc. TN acquired a new position in shares of Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 44,301 shares of the real estate investment trust’s stock, valued at approximately $490,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Wolverine Asset Management LLC acquired a new stake in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at approximately $1,001,000. Private Advisor Group LLC grew its stake in shares of Cohen & Steers Total Return Realty Fund by 106.7% during the third quarter. Private Advisor Group LLC now owns 67,341 shares of the real estate investment trust’s stock worth $815,000 after buying an additional 34,767 shares during the last quarter. Stratos Wealth Partners LTD. acquired a new position in shares of Cohen & Steers Total Return Realty Fund during the fourth quarter worth $224,000. Merit Financial Group LLC acquired a new position in shares of Cohen & Steers Total Return Realty Fund during the fourth quarter worth $129,000. Finally, Sage Investment Counsel LLC bought a new position in shares of Cohen & Steers Total Return Realty Fund in the 4th quarter valued at $110,000. Institutional investors own 20.42% of the company’s stock.

Cohen & Steers Total Return Realty Fund Price Performance

NYSE RFI opened at $11.66 on Friday. Cohen & Steers Total Return Realty Fund, Inc. has a twelve month low of $10.78 and a twelve month high of $12.23. The business’s fifty day moving average is $11.45 and its 200 day moving average is $11.37.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. The ex-dividend date of this dividend is Tuesday, June 9th.

Cohen & Steers Total Return Realty Fund Profile

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.