Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Shares Sold by Brookstone Capital Management

Brookstone Capital Management lessened its stake in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) by 17.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 18,814 shares of the company’s stock after selling 4,008 shares during the quarter. Brookstone Capital Management’s holdings in Cohen & Steers Closed-End Opportunity Fund were worth $211,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. EP Wealth Advisors LLC acquired a new stake in shares of Cohen & Steers Closed-End Opportunity Fund in the third quarter valued at approximately $147,000. Cambridge Investment Research Advisors Inc. increased its stake in Cohen & Steers Closed-End Opportunity Fund by 10.5% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 23,437 shares of the company’s stock worth $242,000 after acquiring an additional 2,219 shares during the last quarter. LPL Financial LLC increased its stake in Cohen & Steers Closed-End Opportunity Fund by 3.5% during the third quarter. LPL Financial LLC now owns 639,327 shares of the company’s stock worth $6,598,000 after acquiring an additional 21,647 shares during the last quarter. Atria Wealth Solutions Inc. increased its stake in Cohen & Steers Closed-End Opportunity Fund by 26.9% during the third quarter. Atria Wealth Solutions Inc. now owns 33,954 shares of the company’s stock worth $350,000 after acquiring an additional 7,197 shares during the last quarter. Finally, Raymond James & Associates increased its stake in Cohen & Steers Closed-End Opportunity Fund by 10.2% during the third quarter. Raymond James & Associates now owns 100,867 shares of the company’s stock worth $1,041,000 after acquiring an additional 9,349 shares during the last quarter.

Insiders Place Their Bets

In other news, Portfolio Manager Jeffrey Palma acquired 4,500 shares of the company’s stock in a transaction dated Tuesday, February 27th. The stock was acquired at an average cost of $11.11 per share, with a total value of $49,995.00. Following the completion of the purchase, the portfolio manager now owns 9,046 shares of the company’s stock, valued at approximately $100,501.06. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Cohen & Steers Closed-End Opportunity Fund Price Performance

FOF stock opened at $11.64 on Thursday. The business has a fifty day moving average of $11.35 and a two-hundred day moving average of $10.93. Cohen & Steers Closed-End Opportunity Fund, Inc. has a 52-week low of $9.59 and a 52-week high of $11.75.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Tuesday, June 11th will be paid a dividend of $0.087 per share. The ex-dividend date is Tuesday, June 11th. This represents a $1.04 annualized dividend and a yield of 8.97%.

Cohen & Steers Closed-End Opportunity Fund Profile

Cohen & Steers Closed-End Opportunity Fund, Inc is a close-ended fund of funds launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in funds investing in public equity markets. It also invests in funds investing in convertible securities, preferred securities, high yield securities and real estate, energy, utility, and other equity or income-oriented strategies.