Advisors Asset Management Inc. Sells 69,013 Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Advisors Asset Management Inc. decreased its holdings in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 16.5% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 349,240 shares of the real estate investment trust’s stock after selling 69,013 shares during the period. Advisors Asset Management Inc.’s holdings in Cohen & Steers Quality Income Realty Fund were worth $4,949,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in RQI. Sweeney & Michel LLC purchased a new stake in Cohen & Steers Quality Income Realty Fund during the first quarter valued at about $682,000. Comerica Bank raised its position in Cohen & Steers Quality Income Realty Fund by 6.3% during the first quarter. Comerica Bank now owns 40,287 shares of the real estate investment trust’s stock valued at $487,000 after purchasing an additional 2,385 shares in the last quarter. Cetera Advisors LLC raised its position in Cohen & Steers Quality Income Realty Fund by 6.8% during the first quarter. Cetera Advisors LLC now owns 16,292 shares of the real estate investment trust’s stock valued at $197,000 after purchasing an additional 1,039 shares in the last quarter. HBW Advisory Services LLC raised its position in Cohen & Steers Quality Income Realty Fund by 5.1% during the second quarter. HBW Advisory Services LLC now owns 65,986 shares of the real estate investment trust’s stock valued at $771,000 after purchasing an additional 3,213 shares in the last quarter. Finally, Delta Financial Group Inc. raised its position in Cohen & Steers Quality Income Realty Fund by 2.9% during the second quarter. Delta Financial Group Inc. now owns 41,126 shares of the real estate investment trust’s stock valued at $480,000 after purchasing an additional 1,140 shares in the last quarter.

Cohen & Steers Quality Income Realty Fund Stock Performance

NYSE RQI opened at $13.45 on Friday. The stock’s 50-day simple moving average is $13.70 and its two-hundred day simple moving average is $12.69. Cohen & Steers Quality Income Realty Fund, Inc. has a twelve month low of $10.61 and a twelve month high of $14.41.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $0.96 annualized dividend and a dividend yield of 7.14%.

Insider Transactions at Cohen & Steers Quality Income Realty Fund

In related news, Portfolio Manager Mathew Kirschner acquired 5,380 shares of the firm’s stock in a transaction dated Wednesday, October 16th. The shares were purchased at an average price of $14.02 per share, for a total transaction of $75,427.60. Following the completion of the acquisition, the portfolio manager now owns 5,380 shares in the company, valued at approximately $75,427.60. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at 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.