Karpus Management Inc. Sells 1,548 Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Karpus Management Inc. decreased its position in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 0.5% during the 1st quarter, HoldingsChannel.com reports. The fund owned 295,269 shares of the real estate investment trust’s stock after selling 1,548 shares during the period. Karpus Management Inc.’s holdings in Cohen & Steers Quality Income Realty Fund were worth $3,567,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the company. Principal Securities Inc. bought a new position in Cohen & Steers Quality Income Realty Fund in the fourth quarter valued at about $31,000. Jones Financial Companies Lllp acquired a new position in Cohen & Steers Quality Income Realty Fund during the 4th quarter worth approximately $34,000. EverSource Wealth Advisors LLC lifted its stake in Cohen & Steers Quality Income Realty Fund by 1,165.5% in the 4th quarter. EverSource Wealth Advisors LLC now owns 5,429 shares of the real estate investment trust’s stock valued at $66,000 after purchasing an additional 5,000 shares during the last quarter. Resolute Advisors LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund in the fourth quarter valued at approximately $117,000. Finally, Allworth Financial LP boosted its position in Cohen & Steers Quality Income Realty Fund by 28.8% in the fourth quarter. Allworth Financial LP now owns 9,829 shares of the real estate investment trust’s stock valued at $120,000 after buying an additional 2,200 shares in the last quarter.

Cohen & Steers Quality Income Realty Fund Stock Down 0.3 %

Shares of NYSE:RQI traded down $0.04 during trading on Thursday, hitting $12.20. 314,348 shares of the company were exchanged, compared to its average volume of 399,694. Cohen & Steers Quality Income Realty Fund, Inc. has a 1-year low of $9.17 and a 1-year high of $12.64. The business’s 50 day moving average is $11.66 and its 200-day moving average is $11.65.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 10th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $0.96 dividend on an annualized basis and a yield of 7.87%.

About Cohen & Steers Quality Income Realty Fund

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.