Transcend Capital Advisors LLC Reduces Position in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Transcend Capital Advisors LLC decreased its holdings in shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 2.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,052 shares of the company’s stock after selling 800 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Brookfield Real Assets Income Fund were worth $447,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Second Line Capital LLC grew its holdings in shares of Brookfield Real Assets Income Fund by 7.7% in the first quarter. Second Line Capital LLC now owns 16,800 shares of the company’s stock valued at $217,000 after purchasing an additional 1,202 shares during the period. Stratos Wealth Partners LTD. grew its holdings in shares of Brookfield Real Assets Income Fund by 7.8% in the fourth quarter. Stratos Wealth Partners LTD. now owns 24,149 shares of the company’s stock valued at $309,000 after purchasing an additional 1,738 shares during the period. Riverbridge Partners LLC grew its holdings in shares of Brookfield Real Assets Income Fund by 2.2% in the first quarter. Riverbridge Partners LLC now owns 80,133 shares of the company’s stock valued at $1,035,000 after purchasing an additional 1,761 shares during the period. Atria Wealth Solutions Inc. grew its holdings in shares of Brookfield Real Assets Income Fund by 3.3% in the fourth quarter. Atria Wealth Solutions Inc. now owns 78,737 shares of the company’s stock valued at $1,009,000 after purchasing an additional 2,487 shares during the period. Finally, Cetera Advisors LLC grew its holdings in shares of Brookfield Real Assets Income Fund by 5.3% in the first quarter. Cetera Advisors LLC now owns 60,505 shares of the company’s stock valued at $782,000 after purchasing an additional 3,025 shares during the period.

Brookfield Real Assets Income Fund Trading Down 0.1 %

Shares of RA traded down $0.01 during mid-day trading on Friday, reaching $12.97. The stock had a trading volume of 306,951 shares, compared to its average volume of 257,056. Brookfield Real Assets Income Fund Inc. has a 52-week low of $11.89 and a 52-week high of $17.29. The business’s fifty day moving average is $12.76 and its 200 day moving average is $12.80.

Brookfield Real Assets Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 26th. Investors of record on Tuesday, August 6th will be issued a $0.118 dividend. This represents a $1.42 dividend on an annualized basis and a dividend yield of 10.92%. The ex-dividend date is Tuesday, August 6th. Brookfield Real Assets Income Fund’s dividend payout ratio is currently -1,536.36%.

Brookfield Real Assets Income Fund Company Profile

Brookfield Real Assets Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc The fund is co-managed by Schroder Investment Management North America Inc It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities.