RMB Capital Management LLC purchased a new position in shares of BROOKFIELD RL A/SHS BEN INT (NYSE:RA) in the fourth quarter, Holdings Channel reports. The fund purchased 156,122 shares of the company’s stock, valued at approximately $2,977,000.
Several other institutional investors and hedge funds have also bought and sold shares of RA. Advisors Asset Management Inc. increased its stake in BROOKFIELD RL A/SHS BEN INT by 80.5% in the fourth quarter. Advisors Asset Management Inc. now owns 1,451 shares of the company’s stock valued at $28,000 after purchasing an additional 647 shares in the last quarter. Lindbrook Capital LLC bought a new stake in BROOKFIELD RL A/SHS BEN INT in the fourth quarter valued at approximately $42,000. FNY Investment Advisers LLC bought a new stake in BROOKFIELD RL A/SHS BEN INT in the fourth quarter valued at approximately $48,000. Flagship Harbor Advisors LLC bought a new stake in BROOKFIELD RL A/SHS BEN INT in the fourth quarter valued at approximately $59,000. Finally, Wedbush Securities Inc. bought a new stake in BROOKFIELD RL A/SHS BEN INT in the third quarter valued at approximately $207,000.
Shares of NYSE:RA opened at $21.45 on Friday. BROOKFIELD RL A/SHS BEN INT has a 52 week low of $17.95 and a 52 week high of $23.55.
The company also recently announced a monthly dividend, which was paid on Thursday, February 21st. Shareholders of record on Wednesday, February 13th were paid a $0.199 dividend. This represents a $2.39 annualized dividend and a yield of 11.13%. The ex-dividend date was Tuesday, February 12th.
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About BROOKFIELD RL A/SHS BEN INT
Brookfield Real Assets Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc The fund is co-managed by Schroder Investment Management North America Inc It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities.
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