Castle Wealth Management LLC Acquires 12,162 Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Castle Wealth Management LLC lifted its holdings in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 5.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 230,736 shares of the real estate investment trust’s stock after acquiring an additional 12,162 shares during the period. Cohen & Steers Quality Income Realty Fund makes up approximately 1.3% of Castle Wealth Management LLC’s investment portfolio, making the stock its 26th largest position. Castle Wealth Management LLC’s holdings in Cohen & Steers Quality Income Realty Fund were worth $3,270,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Consolidated Portfolio Review Corp acquired a new position in Cohen & Steers Quality Income Realty Fund in the 2nd quarter valued at $1,809,000. International Assets Investment Management LLC acquired a new position in Cohen & Steers Quality Income Realty Fund in the third quarter valued at about $1,474,000. Matrix Private Capital Group LLC lifted its position in Cohen & Steers Quality Income Realty Fund by 109.3% during the second quarter. Matrix Private Capital Group LLC now owns 170,345 shares of the real estate investment trust’s stock worth $1,990,000 after purchasing an additional 88,965 shares during the period. Sanctuary Advisors LLC bought a new stake in Cohen & Steers Quality Income Realty Fund during the second quarter worth about $807,000. Finally, ORG Partners LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund during the first quarter worth about $859,000.

Cohen & Steers Quality Income Realty Fund Stock Performance

Shares of NYSE:RQI opened at $13.08 on Thursday. The firm has a 50 day moving average of $13.81 and a 200-day moving average of $12.53. Cohen & Steers Quality Income Realty Fund, Inc. has a 12 month low of $9.82 and a 12 month high of $14.41.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $0.96 annualized dividend and a yield of 7.34%.

Insiders Place Their Bets

In other Cohen & Steers Quality Income Realty Fund news, Portfolio Manager Mathew Kirschner acquired 5,380 shares of the company’s stock in a transaction that occurred on Wednesday, October 16th. The stock was acquired at an average cost of $14.02 per share, for a total transaction of $75,427.60. Following the transaction, the portfolio manager now directly owns 5,380 shares in the company, valued at $75,427.60. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Cohen & Steers Quality Income Realty Fund Company Profile

Cohen & Steers Quality Income 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.