Independent Financial Group LLC Makes New $3.34 Million Investment in Cohen & Steers Quality Income Realty Fund, Inc. $RQI

Independent Financial Group LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 277,329 shares of the real estate investment trust’s stock, valued at approximately $3,342,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Morgan Stanley increased its holdings in shares of Cohen & Steers Quality Income Realty Fund by 0.3% during the fourth quarter. Morgan Stanley now owns 5,168,845 shares of the real estate investment trust’s stock worth $59,028,000 after purchasing an additional 16,811 shares during the period. Bank of America Corp DE grew its position in Cohen & Steers Quality Income Realty Fund by 0.6% during the third quarter. Bank of America Corp DE now owns 2,605,508 shares of the real estate investment trust’s stock worth $32,491,000 after buying an additional 16,196 shares in the last quarter. Raymond James Financial Inc. increased its stake in Cohen & Steers Quality Income Realty Fund by 4.8% during the 2nd quarter. Raymond James Financial Inc. now owns 2,055,112 shares of the real estate investment trust’s stock worth $25,586,000 after acquiring an additional 94,428 shares during the period. Mission Hills Financial Advisory LLC increased its stake in Cohen & Steers Quality Income Realty Fund by 6.4% during the 4th quarter. Mission Hills Financial Advisory LLC now owns 1,008,247 shares of the real estate investment trust’s stock worth $11,514,000 after acquiring an additional 60,528 shares during the period. Finally, LPL Financial LLC raised its holdings in Cohen & Steers Quality Income Realty Fund by 9.6% in the 4th quarter. LPL Financial LLC now owns 862,723 shares of the real estate investment trust’s stock valued at $9,852,000 after acquiring an additional 75,816 shares in the last quarter.

Cohen & Steers Quality Income Realty Fund Trading Down 0.4%

NYSE:RQI opened at $12.35 on Friday. The stock has a fifty day moving average price of $12.78 and a 200-day moving average price of $12.63. Cohen & Steers Quality Income Realty Fund, Inc. has a fifty-two week low of $11.30 and a fifty-two week high of $13.57.

Cohen & Steers Quality Income Realty Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be paid a $0.09 dividend. This represents a c) dividend on an annualized basis and a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, September 8th.

About Cohen & Steers Quality Income Realty Fund

Cohen & Steers Quality Income Realty Fund (NYSE: RQI) is a closed-end management investment company that seeks to provide attractive levels of income and long-term growth of capital by investing primarily in real estate securities. The fund pursues a diversified portfolio approach, targeting real estate investment trusts (REITs) and real estate operating companies across a range of property sectors, including industrial, office, retail, residential and specialized real estate.

The fund’s investment strategy emphasizes high-quality, income-producing real estate securities.