Cohen & Steers Closed-End Opportunity Fund, Inc. $FOF Stock Bought by Shaker Financial Services LLC

Shaker Financial Services LLC increased its holdings in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) by 889.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 124,694 shares of the company’s stock after purchasing an additional 112,087 shares during the quarter. Shaker Financial Services LLC’s holdings in Cohen & Steers Closed-End Opportunity Fund were worth $1,555,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in FOF. Compass Financial Management LLC acquired a new position in Cohen & Steers Closed-End Opportunity Fund in the second quarter worth approximately $41,000. Highland Investment Advisors LLC bought a new position in shares of Cohen & Steers Closed-End Opportunity Fund in the second quarter valued at $52,000. Financial Alternatives Inc acquired a new stake in shares of Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter valued at $608,000. Silverlake Wealth Management LLC acquired a new stake in shares of Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter valued at $161,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in shares of Cohen & Steers Closed-End Opportunity Fund during the 2nd quarter valued at $176,000.

Cohen & Steers Closed-End Opportunity Fund Stock Performance

Shares of FOF traded down $0.08 during trading hours on Wednesday, hitting $12.36. 32,799 shares of the company were exchanged, compared to its average volume of 70,600. The firm has a fifty day simple moving average of $13.04 and a 200-day simple moving average of $13.42. Cohen & Steers Closed-End Opportunity Fund, Inc. has a one year low of $12.12 and a one year high of $15.04.

Cohen & Steers Closed-End Opportunity Fund Profile

Cohen & Steers Closed-End Opportunity Fund (NYSE:FOF) is a closed-end investment company managed by Cohen & Steers Capital Management. The fund seeks to provide investors with total return through a combination of current income and capital appreciation.

FOF invests primarily in a diversified portfolio of other closed-end funds. These underlying funds may provide exposure to equity securities, fixed-income investments, preferred securities, convertible securities and other income-oriented assets.