Cohen & Steers Closed-End Opportunity Fund (NYSE:FOF) Stock Price Passes Above 200-Day Moving Average – Here’s What Happened

Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $12.58 and traded as high as $12.78. Cohen & Steers Closed-End Opportunity Fund shares last traded at $12.75, with a volume of 32,374 shares traded.

Cohen & Steers Closed-End Opportunity Fund Stock Performance

The business’s 50-day moving average is $12.90 and its 200-day moving average is $12.58.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 11th will be given a $0.087 dividend. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 8.19%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FOF. Commonwealth Equity Services LLC grew its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 7.1% in the second quarter. Commonwealth Equity Services LLC now owns 419,457 shares of the company’s stock worth $5,013,000 after acquiring an additional 27,639 shares during the last quarter. Thrivent Financial for Lutherans grew its position in Cohen & Steers Closed-End Opportunity Fund by 24.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 109,165 shares of the company’s stock valued at $1,419,000 after purchasing an additional 21,433 shares during the last quarter. Private Advisor Group LLC increased its stake in Cohen & Steers Closed-End Opportunity Fund by 2.5% during the 3rd quarter. Private Advisor Group LLC now owns 67,092 shares of the company’s stock valued at $872,000 after purchasing an additional 1,650 shares in the last quarter. J.W. Cole Advisors Inc. purchased a new position in Cohen & Steers Closed-End Opportunity Fund in the third quarter worth about $615,000. Finally, Kapstone Financial Advisors LLC lifted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 17.2% in the third quarter. Kapstone Financial Advisors LLC now owns 13,650 shares of the company’s stock worth $177,000 after buying an additional 2,000 shares in the last quarter.

Cohen & Steers Closed-End Opportunity Fund Company 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.