Commonwealth Equity Services LLC Sells 975 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Commonwealth Equity Services LLC trimmed its stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 0.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 177,014 shares of the company’s stock after selling 975 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Brookfield Real Assets Income Fund were worth $2,259,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. Second Line Capital LLC grew its stake in shares of Brookfield Real Assets Income Fund by 7.7% in the first quarter. Second Line Capital LLC now owns 16,800 shares of the company’s stock valued at $217,000 after buying an additional 1,202 shares in the last quarter. Riverbridge Partners LLC raised its position in Brookfield Real Assets Income Fund by 2.2% during the first quarter. Riverbridge Partners LLC now owns 80,133 shares of the company’s stock worth $1,035,000 after acquiring an additional 1,761 shares in the last quarter. Cetera Advisors LLC lifted its stake in Brookfield Real Assets Income Fund by 5.3% in the first quarter. Cetera Advisors LLC now owns 60,505 shares of the company’s stock valued at $782,000 after acquiring an additional 3,025 shares during the last quarter. Atomi Financial Group Inc. lifted its stake in Brookfield Real Assets Income Fund by 26.0% in the second quarter. Atomi Financial Group Inc. now owns 15,923 shares of the company’s stock valued at $203,000 after acquiring an additional 3,285 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. grew its position in shares of Brookfield Real Assets Income Fund by 24.7% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 16,675 shares of the company’s stock valued at $214,000 after acquiring an additional 3,307 shares during the period.

Brookfield Real Assets Income Fund Stock Up 0.7 %

Shares of RA stock opened at $13.46 on Friday. Brookfield Real Assets Income Fund Inc. has a 52-week low of $11.89 and a 52-week high of $13.48. The firm’s 50-day moving average is $13.04 and its 200-day moving average is $12.85.

Brookfield Real Assets Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, September 24th. Investors of record on Tuesday, September 10th will be paid a $0.118 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.42 annualized dividend and a yield of 10.52%. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is presently -1,463.64%.

Brookfield Real Assets Income Fund Profile

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.