Envestnet Asset Management Inc. Makes New Investment in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI)

Envestnet Asset Management Inc. purchased a new position in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 31,836 shares of the real estate investment trust's stock, valued at approximately $369,000. Envestnet Asset Management Inc. owned about 0.12% of Cohen & Steers Total Return Realty Fund as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the company. Compass Planning Associates Inc acquired a new position in Cohen & Steers Total Return Realty Fund in the fourth quarter valued at approximately $102,000. Next Capital Management LLC purchased a new position in shares of Cohen & Steers Total Return Realty Fund during the fourth quarter worth approximately $116,000. PNC Financial Services Group Inc. increased its stake in Cohen & Steers Total Return Realty Fund by 65.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 11,706 shares of the real estate investment trust's stock valued at $136,000 after purchasing an additional 4,624 shares during the period. Freestate Advisors LLC acquired a new stake in shares of Cohen & Steers Total Return Realty Fund during the fourth quarter worth about $149,000. Finally, Private Advisor Group LLC raised its stake in shares of Cohen & Steers Total Return Realty Fund by 25.2% during the fourth quarter. Private Advisor Group LLC now owns 30,376 shares of the real estate investment trust's stock worth $352,000 after purchasing an additional 6,106 shares during the last quarter. 20.42% of the stock is owned by hedge funds and other institutional investors.

Cohen & Steers Total Return Realty Fund Stock Performance

Shares of Cohen & Steers Total Return Realty Fund stock opened at $12.12 on Tuesday. The firm has a fifty day moving average of $11.75 and a two-hundred day moving average of $12.08. Cohen & Steers Total Return Realty Fund, Inc. has a one year low of $10.43 and a one year high of $13.44.

Cohen & Steers Total Return Realty Fund Cuts Dividend

The business also recently declared a -- dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be given a dividend of $0.08 per share. The ex-dividend date is Tuesday, June 10th. This represents a dividend yield of 8.1%.

Cohen & Steers Total Return Realty Fund Company Profile

Cohen & Steers Total Return Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.

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