Modern Wealth Management LLC Makes New $198,000 Investment in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Modern Wealth Management LLC acquired a new stake in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 15,289 shares of the real estate investment trust’s stock, valued at approximately $198,000.

Several other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Cohen & Steers Quality Income Realty Fund during the fourth quarter valued at approximately $23,358,000. LPL Financial LLC boosted its position in shares of Cohen & Steers Quality Income Realty Fund by 28.6% during the 4th quarter. LPL Financial LLC now owns 962,075 shares of the real estate investment trust’s stock valued at $11,776,000 after acquiring an additional 214,071 shares during the last quarter. Mission Hills Financial Advisory LLC grew its holdings in shares of Cohen & Steers Quality Income Realty Fund by 12.6% in the fourth quarter. Mission Hills Financial Advisory LLC now owns 533,466 shares of the real estate investment trust’s stock valued at $6,530,000 after purchasing an additional 59,690 shares in the last quarter. Wealth Advisory Solutions LLC increased its position in Cohen & Steers Quality Income Realty Fund by 49.2% in the fourth quarter. Wealth Advisory Solutions LLC now owns 315,364 shares of the real estate investment trust’s stock worth $3,860,000 after purchasing an additional 103,959 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its stake in Cohen & Steers Quality Income Realty Fund by 9.7% during the fourth quarter. Apollon Wealth Management LLC now owns 310,024 shares of the real estate investment trust’s stock valued at $3,795,000 after purchasing an additional 27,302 shares in the last quarter.

Cohen & Steers Quality Income Realty Fund Trading Up 0.9 %

RQI stock opened at $12.48 on Friday. Cohen & Steers Quality Income Realty Fund, Inc. has a 52 week low of $10.61 and a 52 week high of $14.41. The company has a fifty day simple moving average of $12.80 and a two-hundred day simple moving average of $13.13.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 8th will be issued a $0.08 dividend. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.69%. The ex-dividend date of this dividend is Tuesday, April 8th.

Cohen & Steers Quality Income Realty Fund 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.