Matrix Private Capital Group LLC Invests $3.71 Million in Cohen & Steers Quality Income Realty Fund, Inc. $RQI

Matrix Private Capital Group LLC bought a new stake in Cohen & Steers Quality Income Realty Fund, Inc. (NYSE:RQI) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 307,698 shares of the real estate investment trust’s stock, valued at approximately $3,708,000. Cohen & Steers Quality Income Realty Fund accounts for about 1.8% of Matrix Private Capital Group LLC’s portfolio, making the stock its 12th largest position.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Waverly Advisors LLC purchased a new stake in Cohen & Steers Quality Income Realty Fund during the 1st quarter valued at about $895,000. First Trust Advisors LP raised its position in Cohen & Steers Quality Income Realty Fund by 3.3% during the 1st quarter. First Trust Advisors LP now owns 88,275 shares of the real estate investment trust’s stock worth $1,064,000 after buying an additional 2,786 shares during the last quarter. Cassaday & Co Wealth Management LLC purchased a new position in Cohen & Steers Quality Income Realty Fund during the 1st quarter worth approximately $107,000. Independent Financial Group LLC acquired a new stake in Cohen & Steers Quality Income Realty Fund during the 1st quarter valued at approximately $3,342,000. Finally, HBW Advisory Services LLC lifted its stake in Cohen & Steers Quality Income Realty Fund by 16.6% during the 1st quarter. HBW Advisory Services LLC now owns 66,511 shares of the real estate investment trust’s stock valued at $801,000 after acquiring an additional 9,458 shares during the period.

Cohen & Steers Quality Income Realty Fund Stock Up 2.4%

RQI stock opened at $12.62 on Friday. Cohen & Steers Quality Income Realty Fund, Inc. has a 12 month low of $11.30 and a 12 month high of $13.57. The firm’s fifty day simple moving average is $12.70 and its 200-day simple moving average is $12.66.

Cohen & Steers Quality Income Realty Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.09 per share. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%.

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.