Gridiron Partners LLC Sells 900 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Gridiron Partners LLC trimmed its holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 2.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 31,552 shares of the company’s stock after selling 900 shares during the quarter. Gridiron Partners LLC’s holdings in Brookfield Real Assets Income Fund were worth $403,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in RA. Cetera Investment Advisers bought a new stake in Brookfield Real Assets Income Fund in the first quarter worth $12,606,000. Significant Wealth Partners LLC increased its holdings in shares of Brookfield Real Assets Income Fund by 304.8% in the 1st quarter. Significant Wealth Partners LLC now owns 189,313 shares of the company’s stock worth $2,446,000 after buying an additional 142,547 shares during the last quarter. City of London Investment Management Co. Ltd. increased its holdings in shares of Brookfield Real Assets Income Fund by 31.3% in the 4th quarter. City of London Investment Management Co. Ltd. now owns 466,969 shares of the company’s stock worth $5,982,000 after buying an additional 111,388 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Brookfield Real Assets Income Fund in the fourth quarter worth about $12,980,000. Finally, Shaker Financial Services LLC bought a new stake in Brookfield Real Assets Income Fund during the fourth quarter worth approximately $770,000.

Brookfield Real Assets Income Fund Price Performance

Shares of NYSE:RA traded up $0.07 during trading on Thursday, hitting $13.16. The company had a trading volume of 172,973 shares, compared to its average volume of 256,470. The company has a fifty day simple moving average of $12.83 and a two-hundred day simple moving average of $12.80. Brookfield Real Assets Income Fund Inc. has a one year low of $11.89 and a one year high of $16.97.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, September 24th. Investors of record on Tuesday, September 10th will be given a $0.118 dividend. The ex-dividend date is Tuesday, September 10th. This represents a $1.42 dividend on an annualized basis and a yield of 10.76%. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -1,463.64%.

About Brookfield Real Assets Income Fund

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.