Wolverine Asset Management LLC Makes New Investment in Cohen & Steers Total Return Realty Fund, Inc. $RFI

Wolverine Asset Management LLC purchased a new position in shares of Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 90,560 shares of the real estate investment trust’s stock, valued at approximately $1,001,000.

Other large investors have also recently bought and sold shares of the company. Eastern Bank acquired a new position in Cohen & Steers Total Return Realty Fund during the 3rd quarter worth approximately $46,000. CoreCap Advisors LLC boosted its stake in shares of Cohen & Steers Total Return Realty Fund by 17.7% during the 4th quarter. CoreCap Advisors LLC now owns 9,985 shares of the real estate investment trust’s stock worth $110,000 after buying an additional 1,500 shares during the last quarter. Sage Investment Counsel LLC acquired a new position in shares of Cohen & Steers Total Return Realty Fund during the 4th quarter worth about $110,000. Merit Financial Group LLC acquired a new position in shares of Cohen & Steers Total Return Realty Fund during the 4th quarter worth about $129,000. Finally, Cresset Asset Management LLC boosted its stake in shares of Cohen & Steers Total Return Realty Fund by 7.4% during the 3rd quarter. Cresset Asset Management LLC now owns 13,209 shares of the real estate investment trust’s stock worth $160,000 after buying an additional 905 shares during the last quarter. Institutional investors and hedge funds own 20.42% of the company’s stock.

Cohen & Steers Total Return Realty Fund Stock Performance

Cohen & Steers Total Return Realty Fund stock opened at $11.60 on Wednesday. The firm has a 50-day moving average of $11.46 and a 200-day moving average of $11.37. Cohen & Steers Total Return Realty Fund, Inc. has a one year low of $10.78 and a one year high of $12.23.

Cohen & Steers Total Return Realty Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be paid a dividend of $0.08 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date is Tuesday, June 9th.

Cohen & Steers Total Return Realty Fund Profile

Cohen & Steers Total Return Realty Fund, Inc (NYSE:RFI) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation by investing primarily in real estate securities. Managed by Cohen & Steers Capital Management, Inc, the fund employs a research‐driven, flexible strategy designed to capture income and growth opportunities within the global real estate sector.

The fund’s portfolio typically includes a diversified mix of real estate investment trusts (REITs), real estate operating companies, preferred and convertible securities, and other real estate-related fixed-income instruments.