Sound Financial Strategies Group LLC Invests $520,000 in Cohen & Steers Quality Income Realty Fund, Inc. $RQI

Sound Financial Strategies Group LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) in the second quarter, HoldingsChannel reports. The firm acquired 42,247 shares of the real estate investment trust’s stock, valued at approximately $520,000. Cohen & Steers Quality Income Realty Fund makes up about 0.3% of Sound Financial Strategies Group LLC’s holdings, making the stock its 28th largest holding.

Other hedge funds have also added to or reduced their stakes in the company. Focus Partners Wealth lifted its holdings in shares of Cohen & Steers Quality Income Realty Fund by 26.4% during the first quarter. Focus Partners Wealth now owns 21,138 shares of the real estate investment trust’s stock worth $265,000 after purchasing an additional 4,417 shares during the period. Geneos Wealth Management Inc. grew its stake in shares of Cohen & Steers Quality Income Realty Fund by 102.5% in the first quarter. Geneos Wealth Management Inc. now owns 4,606 shares of the real estate investment trust’s stock worth $58,000 after purchasing an additional 2,331 shares during the last quarter. Invesco Ltd. acquired a new stake in Cohen & Steers Quality Income Realty Fund in the second quarter valued at $396,000. Baird Financial Group Inc. increased its holdings in Cohen & Steers Quality Income Realty Fund by 3.6% in the second quarter. Baird Financial Group Inc. now owns 65,935 shares of the real estate investment trust’s stock valued at $821,000 after purchasing an additional 2,264 shares during the period. Finally, NewEdge Advisors LLC raised its position in Cohen & Steers Quality Income Realty Fund by 32.6% during the 2nd quarter. NewEdge Advisors LLC now owns 10,327 shares of the real estate investment trust’s stock worth $129,000 after purchasing an additional 2,537 shares during the last quarter.

Cohen & Steers Quality Income Realty Fund Stock Down 0.1%

Shares of RQI opened at $12.33 on Wednesday. Cohen & Steers Quality Income Realty Fund, Inc. has a 12 month low of $11.30 and a 12 month high of $13.57. The stock’s 50-day moving average price is $12.46 and its two-hundred day moving average price is $12.73.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.09 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.8%. The ex-dividend date is Tuesday, September 8th.

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.