Brookfield Real Assets Income Fund (NYSE:RA) Share Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Brookfield Real Assets Income Fund Inc. (NYSE:RA)’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 $13.17 and traded as high as $13.45. Brookfield Real Assets Income Fund shares last traded at $13.42, with a volume of 268,260 shares trading hands.

Brookfield Real Assets Income Fund Stock Down 0.2 %

The company has a 50-day simple moving average of $13.44 and a two-hundred day simple moving average of $13.18.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, November 27th. Investors of record on Wednesday, November 13th were given a $0.118 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. This represents a yield of 10.44%. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -1,281.82%.

Insider Transactions at Brookfield Real Assets Income Fund

In other Brookfield Real Assets Income Fund news, Portfolio Manager Justin Charles Guichard purchased 7,364 shares of the business’s stock in a transaction on Tuesday, September 17th. The stock was bought at an average cost of $13.58 per share, with a total value of $100,003.12. Following the acquisition, the portfolio manager now owns 7,364 shares of the company’s stock, valued at $100,003.12. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Institutional Investors Weigh In On Brookfield Real Assets Income Fund

Large investors have recently made changes to their positions in the company. Hudson Valley Investment Advisors Inc. ADV purchased a new stake in shares of Brookfield Real Assets Income Fund during the third quarter worth $137,000. Blue Bell Private Wealth Management LLC grew its stake in shares of Brookfield Real Assets Income Fund by 104.3% in the 2nd quarter. Blue Bell Private Wealth Management LLC now owns 11,428 shares of the company’s stock valued at $146,000 after buying an additional 5,835 shares in the last quarter. Encompass More Asset Management bought a new stake in shares of Brookfield Real Assets Income Fund in the 3rd quarter valued at approximately $165,000. SeaCrest Wealth Management LLC raised its position in Brookfield Real Assets Income Fund by 9.6% during the third quarter. SeaCrest Wealth Management LLC now owns 13,305 shares of the company’s stock valued at $182,000 after acquiring an additional 1,169 shares in the last quarter. Finally, Atomi Financial Group Inc. grew its position 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 worth $203,000 after acquiring an additional 3,285 shares in the last quarter.

Brookfield Real Assets Income Fund Company 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.