E&G Advisors LP Acquires 19,921 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

E&G Advisors LP boosted its position in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 39.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 70,090 shares of the company’s stock after buying an additional 19,921 shares during the period. E&G Advisors LP’s holdings in Brookfield Real Assets Income Fund were worth $1,625,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brookfield Asset Management Inc. bought a new stake in Brookfield Real Assets Income Fund during the fourth quarter worth $846,000. RMB Capital Management LLC bought a new stake in Brookfield Real Assets Income Fund during the fourth quarter worth $1,206,000. Creative Planning raised its stake in Brookfield Real Assets Income Fund by 260.8% in the first quarter. Creative Planning now owns 15,829 shares of the company’s stock worth $361,000 after buying an additional 11,442 shares in the last quarter. Edge Wealth Management LLC raised its stake in Brookfield Real Assets Income Fund by 3.6% in the first quarter. Edge Wealth Management LLC now owns 37,054 shares of the company’s stock worth $843,000 after buying an additional 1,276 shares in the last quarter. Finally, Wells Fargo & Company MN raised its stake in Brookfield Real Assets Income Fund by 4.2% in the first quarter. Wells Fargo & Company MN now owns 552,521 shares of the company’s stock worth $12,587,000 after buying an additional 22,140 shares in the last quarter.

Shares of Brookfield Real Assets Income Fund Inc. (NYSE RA) opened at 23.66 on Friday. Brookfield Real Assets Income Fund Inc. has a 52-week low of $22.20 and a 52-week high of $24.39. The stock’s 50 day moving average price is $23.61 and its 200-day moving average price is $23.30.

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 24th. Stockholders of record on Thursday, August 17th will be paid a $0.199 dividend. This represents a $2.39 dividend on an annualized basis and a dividend yield of 10.09%. The ex-dividend date is Tuesday, August 15th.

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In other Brookfield Real Assets Income Fund news, insider Brookfield Investment Manageme acquired 4,420 shares of the company’s stock in a transaction dated Friday, June 9th. The stock was bought at an average price of $23.72 per share, for a total transaction of $104,842.40. The transaction was disclosed in a filing with the SEC, which is accessible through this link.

About Brookfield Real Assets Income Fund

Institutional Ownership by Quarter for Brookfield Real Assets Income Fund (NYSE:RA)

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