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

Shares of Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-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 Trading Down 0.1 %

The firm has a 50-day simple moving average of $12.90 and a two-hundred day simple moving average of $12.59.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The firm 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 is Tuesday, March 11th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 8.19%.

Institutional Trading of Cohen & Steers Closed-End Opportunity Fund

Large investors have recently modified their holdings of the stock. GHP Investment Advisors Inc. bought a new stake in Cohen & Steers Closed-End Opportunity Fund during the 3rd quarter worth $28,000. Future Financial Wealth Managment LLC bought a new stake in shares of Cohen & Steers Closed-End Opportunity Fund in the third quarter worth $78,000. Kapstone Financial Advisors LLC increased its holdings in 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 valued at $177,000 after purchasing an additional 2,000 shares during the period. J.W. Cole Advisors Inc. bought a new stake in shares of Cohen & Steers Closed-End Opportunity Fund in the 3rd quarter valued at about $615,000. Finally, Private Advisor Group LLC grew its position in shares of Cohen & Steers Closed-End Opportunity Fund by 37.8% in the 2nd quarter. Private Advisor Group LLC now owns 65,442 shares of the company’s stock valued at $782,000 after buying an additional 17,962 shares during the last quarter.

About Cohen & Steers Closed-End Opportunity Fund

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.