Independent Financial Group LLC Buys Shares of 277,329 Cohen & Steers Quality Income Realty Fund, Inc. $RQI

Independent Financial Group LLC purchased a new stake in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 277,329 shares of the real estate investment trust’s stock, valued at approximately $3,342,000.

A number of other institutional investors also recently modified their holdings of the business. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Cohen & Steers Quality Income Realty Fund in the fourth quarter valued at about $36,000. CoreCap Advisors LLC grew its position in Cohen & Steers Quality Income Realty Fund by 75.3% in the fourth quarter. CoreCap Advisors LLC now owns 3,291 shares of the real estate investment trust’s stock valued at $38,000 after acquiring an additional 1,414 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Cohen & Steers Quality Income Realty Fund by 102.5% during the first quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock worth $58,000 after acquiring an additional 2,331 shares in the last quarter. Triumph Capital Management acquired a new position in Cohen & Steers Quality Income Realty Fund during the third quarter worth about $59,000. Finally, Advisory Services Network LLC bought a new position in shares of Cohen & Steers Quality Income Realty Fund in the third quarter worth about $112,000.

Cohen & Steers Quality Income Realty Fund Stock Performance

RQI opened at $12.35 on Friday. The company’s 50 day moving average is $12.78 and its 200-day moving average is $12.63. Cohen & Steers Quality Income Realty Fund, Inc. has a 1-year low of $11.30 and a 1-year high of $13.57.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be given a $0.09 dividend. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a yield of 8.7%.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund (NYSE: RQI) is a closed-end management investment company that seeks to provide attractive levels of income and long-term growth of capital by investing primarily in real estate securities. The fund pursues a diversified portfolio approach, targeting real estate investment trusts (REITs) and real estate operating companies across a range of property sectors, including industrial, office, retail, residential and specialized real estate.

The fund’s investment strategy emphasizes high-quality, income-producing real estate securities.