Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY) Shares Up 1% – Here’s Why

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE:RLTY)’s share price rose 1% during trading on Monday . The company traded as high as $15.29 and last traded at $15.2050. Approximately 37,367 shares changed hands during trading, a decline of 53% from the average daily volume of 79,313 shares. The stock had previously closed at $15.05.

Cohen & Steers Real Estate Opportunities & Income Fund Stock Performance

The company has a 50-day moving average of $15.26 and a 200 day moving average of $15.12.

Hedge Funds Weigh In On Cohen & Steers Real Estate Opportunities & Income Fund

Hedge funds and other institutional investors have recently modified their holdings of the business. Advisors Asset Management Inc. grew its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 0.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 392,578 shares of the company’s stock valued at $5,999,000 after acquiring an additional 3,266 shares in the last quarter. Bank of America Corp DE increased its stake in Cohen & Steers Real Estate Opportunities & Income Fund by 6.2% during the third quarter. Bank of America Corp DE now owns 224,695 shares of the company’s stock worth $3,433,000 after acquiring an additional 13,164 shares during the last quarter. Wolverine Asset Management LLC raised its holdings in Cohen & Steers Real Estate Opportunities & Income Fund by 391.7% in the 4th quarter. Wolverine Asset Management LLC now owns 178,436 shares of the company’s stock valued at $2,623,000 after buying an additional 142,146 shares during the period. Consolidated Portfolio Review Corp raised its stake in shares of Cohen & Steers Real Estate Opportunities & Income Fund by 19.5% in the 3rd quarter. Consolidated Portfolio Review Corp now owns 172,072 shares of the company’s stock valued at $2,629,000 after acquiring an additional 28,037 shares during the period. Finally, Royal Bank of Canada raised its position in Cohen & Steers Real Estate Opportunities & Income Fund by 3.7% in the fourth quarter. Royal Bank of Canada now owns 149,888 shares of the company’s stock valued at $2,203,000 after purchasing an additional 5,371 shares during the period.

About Cohen & Steers Real Estate Opportunities & Income Fund

Cohen & Steers Real Estate Opportunities & Income Fund (NYSE: RLTY) is a closed-end management investment company that seeks to provide total return through a combination of current income, capital appreciation and capital gains. The fund pursues its objectives by investing primarily in publicly traded real estate investment trusts (REITs) and other real estate securities. It may also allocate a portion of its assets to preferred equity, real estate operating companies and debt instruments when market opportunities arise.

The fund’s portfolio spans a wide range of property sectors, including office, industrial, retail, residential and specialized real estate such as healthcare and lodging.