Readystate Asset Management LP Cuts Position in Cohen & Steers Total Return Realty Fund, Inc. $RFI

Readystate Asset Management LP lessened its holdings in shares of Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI) by 84.7% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,384 shares of the real estate investment trust’s stock after selling 129,900 shares during the period. Readystate Asset Management LP’s holdings in Cohen & Steers Total Return Realty Fund were worth $260,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in RFI. NWF Advisory Services Inc. increased its position in Cohen & Steers Total Return Realty Fund by 2.8% in the 1st quarter. NWF Advisory Services Inc. now owns 33,425 shares of the real estate investment trust’s stock valued at $372,000 after acquiring an additional 900 shares during the period. Cresset Asset Management LLC grew its position in Cohen & Steers Total Return Realty Fund by 7.4% during the third 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 period. Northwestern Mutual Wealth Management Co. grew its holdings in Cohen & Steers Total Return Realty Fund by 36.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,675 shares of the real estate investment trust’s stock valued at $41,000 after purchasing an additional 979 shares during the last quarter. Comerica Bank lifted its holdings in shares of Cohen & Steers Total Return Realty Fund by 3.9% in the fourth quarter. Comerica Bank now owns 27,778 shares of the real estate investment trust’s stock valued at $307,000 after purchasing an additional 1,043 shares in the last quarter. Finally, WealthBridge Capital Management LLC lifted its stake in Cohen & Steers Total Return Realty Fund by 1.7% in the 4th quarter. WealthBridge Capital Management LLC now owns 68,187 shares of the real estate investment trust’s stock valued at $753,000 after buying an additional 1,150 shares in the last quarter. Institutional investors and hedge funds own 20.42% of the company’s stock.

Cohen & Steers Total Return Realty Fund Trading Down 0.4%

Shares of NYSE RFI opened at $11.65 on Thursday. Cohen & Steers Total Return Realty Fund, Inc. has a 12 month low of $10.78 and a 12 month high of $12.17. The company has a 50-day simple moving average of $11.34 and a 200-day simple moving average of $11.40.

Cohen & Steers Total Return Realty Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a $0.08 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) annualized dividend and a dividend yield of 8.2%.

Cohen & Steers Total Return Realty Fund Company 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.