Silverlake Wealth Management LLC Cuts Stake in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF)

Silverlake Wealth Management LLC reduced its stake in shares of Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOFFree Report) by 6.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 41,272 shares of the company’s stock after selling 2,965 shares during the period. Silverlake Wealth Management LLC’s holdings in Cohen & Steers Closed-End Opportunity Fund were worth $462,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Royal Bank of Canada lifted its position in Cohen & Steers Closed-End Opportunity Fund by 0.7% during the third quarter. Royal Bank of Canada now owns 203,867 shares of the company’s stock valued at $2,104,000 after purchasing an additional 1,464 shares during the period. SFI Advisors LLC raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 14.1% in the first quarter. SFI Advisors LLC now owns 12,084 shares of the company’s stock worth $132,000 after acquiring an additional 1,496 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 10.5% in the third quarter. Cambridge Investment Research Advisors Inc. now owns 23,437 shares of the company’s stock worth $242,000 after acquiring an additional 2,219 shares during the period. Thrivent Financial for Lutherans raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 3.5% in the second quarter. Thrivent Financial for Lutherans now owns 66,996 shares of the company’s stock worth $720,000 after acquiring an additional 2,237 shares during the period. Finally, L.M. Kohn & Company raised its position in shares of Cohen & Steers Closed-End Opportunity Fund by 24.4% in the third quarter. L.M. Kohn & Company now owns 14,287 shares of the company’s stock worth $147,000 after acquiring an additional 2,798 shares during the period.

Insider Transactions at Cohen & Steers Closed-End Opportunity Fund

In related news, Portfolio Manager Jeffrey Palma bought 4,500 shares of the business’s stock in a transaction dated Tuesday, February 27th. The stock was acquired at an average price of $11.11 per share, with a total value of $49,995.00. Following the completion of the purchase, the portfolio manager now directly owns 9,046 shares of the company’s stock, valued at $100,501.06. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Cohen & Steers Closed-End Opportunity Fund Stock Down 0.6 %

Shares of FOF stock traded down $0.07 on Tuesday, reaching $11.56. 5,670 shares of the company were exchanged, compared to its average volume of 57,722. The business has a 50-day moving average price of $11.38 and a 200 day moving average price of $10.95. Cohen & Steers Closed-End Opportunity Fund, Inc. has a 1 year low of $9.59 and a 1 year high of $11.75.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 11th will be paid a dividend of $0.087 per share. The ex-dividend date is Tuesday, June 11th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 9.03%.

Cohen & Steers Closed-End Opportunity Fund Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cohen & Steers Closed-End Opportunity Fund (NYSE:FOF)

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