Stifel Financial Corp Sells 57,251 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Stifel Financial Corp decreased its position in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 41.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 80,768 shares of the company’s stock after selling 57,251 shares during the quarter. Stifel Financial Corp’s holdings in Brookfield Real Assets Income Fund were worth $1,107,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Hudson Valley Investment Advisors Inc. ADV bought a new position in Brookfield Real Assets Income Fund in the third quarter valued at approximately $137,000. Blue Bell Private Wealth Management LLC lifted its stake in shares of Brookfield Real Assets Income Fund by 104.3% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 11,428 shares of the company’s stock valued at $146,000 after purchasing an additional 5,835 shares during the period. Encompass More Asset Management bought a new position in shares of Brookfield Real Assets Income Fund in the 3rd quarter worth $165,000. SeaCrest Wealth Management LLC boosted its position in shares of Brookfield Real Assets Income Fund by 9.6% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 13,305 shares of the company’s stock worth $182,000 after purchasing an additional 1,169 shares during the last quarter. Finally, Atomi Financial Group Inc. grew its stake in shares of Brookfield Real Assets Income Fund by 26.0% during the second quarter. Atomi Financial Group Inc. now owns 15,923 shares of the company’s stock worth $203,000 after purchasing an additional 3,285 shares during the period.

Brookfield Real Assets Income Fund Price Performance

NYSE:RA opened at $13.23 on Monday. Brookfield Real Assets Income Fund Inc. has a 1-year low of $12.16 and a 1-year high of $13.77. The business’s 50-day moving average price is $13.40 and its two-hundred day moving average price is $13.20.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a $0.118 dividend. The ex-dividend date was Tuesday, November 12th. This represents a dividend yield of 10.44%. Brookfield Real Assets Income Fund’s dividend payout ratio is -1,281.82%.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc The fund is co-managed by Schroder Investment Management North America Inc It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities.