Cohen & Steers Closed-End Opportunity Fund (NYSE:FOF) Shares Cross Above 200 Day Moving Average – What’s Next?

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $12.58 and traded as high as $12.78. Cohen & Steers Closed-End Opportunity Fund shares last traded at $12.75, with a volume of 32,374 shares changing hands.

Cohen & Steers Closed-End Opportunity Fund Trading Up 0.4 %

The stock’s 50-day moving average is $12.90 and its two-hundred day moving average is $12.58.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 11th will be paid a $0.087 dividend. The ex-dividend date is Tuesday, March 11th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 8.19%.

Institutional Investors Weigh In On Cohen & Steers Closed-End Opportunity Fund

A number of large investors have recently made changes to their positions in FOF. Private Advisor Group LLC boosted its holdings in shares of Cohen & Steers Closed-End Opportunity Fund by 2.5% in the third quarter. Private Advisor Group LLC now owns 67,092 shares of the company’s stock worth $872,000 after buying an additional 1,650 shares during the last quarter. Kapstone Financial Advisors LLC increased its holdings in Cohen & Steers Closed-End Opportunity Fund by 17.2% during the third quarter. Kapstone Financial Advisors LLC now owns 13,650 shares of the company’s stock valued at $177,000 after buying an additional 2,000 shares during the last quarter. GHP Investment Advisors Inc. bought a new position in Cohen & Steers Closed-End Opportunity Fund in the third quarter worth approximately $28,000. Future Financial Wealth Managment LLC purchased a new position in shares of Cohen & Steers Closed-End Opportunity Fund during the 3rd quarter worth $78,000. Finally, Thrivent Financial for Lutherans grew its position in shares of Cohen & Steers Closed-End Opportunity Fund by 24.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 109,165 shares of the company’s stock valued at $1,419,000 after acquiring an additional 21,433 shares during the period.

Cohen & Steers Closed-End Opportunity Fund Company Profile

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.