Independent Advisor Alliance Acquires New Position in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

Independent Advisor Alliance bought a new position in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 142,292 shares of the real estate investment trust’s stock, valued at approximately $1,742,000.

Several other large investors also recently bought and sold shares of RQI. Raymond James Financial Inc. acquired a new stake in shares of Cohen & Steers Quality Income Realty Fund during the fourth quarter worth $23,358,000. Mission Hills Financial Advisory LLC raised its stake in Cohen & Steers Quality Income Realty Fund by 12.6% in the 4th quarter. Mission Hills Financial Advisory LLC now owns 533,466 shares of the real estate investment trust’s stock worth $6,530,000 after acquiring an additional 59,690 shares during the last quarter. Wealth Advisory Solutions LLC lifted its position in Cohen & Steers Quality Income Realty Fund by 49.2% during the 4th quarter. Wealth Advisory Solutions LLC now owns 315,364 shares of the real estate investment trust’s stock worth $3,860,000 after acquiring an additional 103,959 shares during the period. Apollon Wealth Management LLC lifted its position in Cohen & Steers Quality Income Realty Fund by 9.7% during the 4th quarter. Apollon Wealth Management LLC now owns 310,024 shares of the real estate investment trust’s stock worth $3,795,000 after acquiring an additional 27,302 shares during the period. Finally, Cyndeo Wealth Partners LLC grew its stake in Cohen & Steers Quality Income Realty Fund by 54.8% during the 4th quarter. Cyndeo Wealth Partners LLC now owns 304,860 shares of the real estate investment trust’s stock valued at $3,731,000 after purchasing an additional 107,900 shares during the last quarter.

Cohen & Steers Quality Income Realty Fund Stock Performance

Shares of NYSE:RQI opened at $12.24 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 business has a 50-day moving average price of $12.76 and a 200-day moving average price of $13.21.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were given a dividend of $0.08 per share. This represents a yield of 7.8%. The ex-dividend date of this dividend was Tuesday, January 14th.

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.