MML Investors Services LLC Sells 1,853 Shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI)

MML Investors Services LLC decreased its holdings in shares of Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) by 15.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 10,180 shares of the real estate investment trust’s stock after selling 1,853 shares during the period. MML Investors Services LLC’s holdings in Cohen & Steers Quality Income Realty Fund were worth $144,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Financial Advocates Investment Management increased its position in shares of Cohen & Steers Quality Income Realty Fund by 76.1% during the second quarter. Financial Advocates Investment Management now owns 29,238 shares of the real estate investment trust’s stock worth $342,000 after acquiring an additional 12,634 shares during the period. Arkadios Wealth Advisors bought a new position in Cohen & Steers Quality Income Realty Fund in the second quarter worth approximately $145,000. UMB Bank n.a. purchased a new position in shares of Cohen & Steers Quality Income Realty Fund during the second quarter valued at $93,000. Concurrent Investment Advisors LLC purchased a new stake in shares of Cohen & Steers Quality Income Realty Fund in the 2nd quarter worth approximately $227,000. Finally, Consolidated Portfolio Review Corp bought a new stake in Cohen & Steers Quality Income Realty Fund during the 2nd quarter valued at $1,809,000.

Cohen & Steers Quality Income Realty Fund Trading Down 1.1 %

Shares of Cohen & Steers Quality Income Realty Fund stock opened at $12.24 on Friday. The company has a 50-day simple moving average of $13.22 and a two-hundred day simple moving average of $12.98. Cohen & Steers Quality Income Realty Fund, Inc. has a one year low of $10.61 and a one year high of $14.41.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 11th will be given a dividend of $0.08 per share. This represents a $0.96 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date is Tuesday, March 11th.

Insider Buying and Selling at Cohen & Steers Quality Income Realty Fund

In related news, Portfolio Manager Mathew Kirschner acquired 5,380 shares of the company’s stock in a transaction dated Wednesday, October 16th. The shares were purchased at an average cost of $14.02 per share, with a total value of $75,427.60. Following the completion of the acquisition, the portfolio manager now directly owns 5,380 shares of the company’s stock, valued at $75,427.60. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Cohen & Steers Quality Income Realty Fund 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.