Cambridge Investment Research Advisors Inc. trimmed its position in shares of Cohen & Steers Quality Income Realty Inc (NYSE:RQI) by 38.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 194,745 shares of the real estate investment trust’s stock after selling 123,751 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.18% of Cohen & Steers Quality Income Realty worth $2,386,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Pinnacle Advisory Group Inc. bought a new stake in Cohen & Steers Quality Income Realty in the second quarter worth $120,000. Creative Planning bought a new stake in Cohen & Steers Quality Income Realty in the third quarter worth $145,000. Shaker Financial Services LLC bought a new stake in Cohen & Steers Quality Income Realty in the second quarter worth $144,000. Partnervest Advisory Services LLC bought a new stake in Cohen & Steers Quality Income Realty in the third quarter worth $207,000. Finally, Steward Partners Investment Advisory LLC raised its stake in shares of Cohen & Steers Quality Income Realty by 60.6% in the third quarter. Steward Partners Investment Advisory LLC now owns 17,580 shares of the real estate investment trust’s stock worth $215,000 after purchasing an additional 6,634 shares during the last quarter.

Shares of RQI stock traded down $0.11 during mid-day trading on Friday, hitting $11.73. The company’s stock had a trading volume of 347,558 shares, compared to its average volume of 342,613. Cohen & Steers Quality Income Realty Inc has a 52-week low of $10.55 and a 52-week high of $12.79.

The firm also recently declared a monthly dividend, which was paid on Friday, November 30th. Stockholders of record on Wednesday, November 14th were paid a $0.08 dividend. This represents a $0.96 annualized dividend and a dividend yield of 8.18%. The ex-dividend date of this dividend was Tuesday, November 13th.

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Cohen & Steers Quality Income Realty 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.

See Also: Asset Allocation

Institutional Ownership by Quarter for Cohen & Steers Quality Income Realty (NYSE:RQI)

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