CBRE Global Real Estate Income Fund (NYSE:IGR) Stock Price Crosses Below Two Hundred Day Moving Average of $5.12

CBRE Global Real Estate Income Fund (NYSE:IGRGet Free Report)’s share price passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $5.12 and traded as low as $5.09. CBRE Global Real Estate Income Fund shares last traded at $5.10, with a volume of 266,282 shares trading hands.

CBRE Global Real Estate Income Fund Price Performance

The firm has a 50-day moving average price of $5.02 and a 200 day moving average price of $5.13.

CBRE Global Real Estate Income Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, June 20th will be given a dividend of $0.06 per share. The ex-dividend date is Thursday, June 20th. This represents a $0.72 dividend on an annualized basis and a yield of 14.17%. This is an increase from CBRE Global Real Estate Income Fund’s previous monthly dividend of $0.05.

Institutional Investors Weigh In On CBRE Global Real Estate Income Fund

A number of large investors have recently added to or reduced their stakes in IGR. Atria Wealth Solutions Inc. acquired a new stake in CBRE Global Real Estate Income Fund during the third quarter worth approximately $95,000. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of CBRE Global Real Estate Income Fund in the 3rd quarter valued at $58,000. EP Wealth Advisors LLC boosted its holdings in shares of CBRE Global Real Estate Income Fund by 154.1% in the 3rd quarter. EP Wealth Advisors LLC now owns 40,749 shares of the closed-end fund’s stock valued at $183,000 after purchasing an additional 24,714 shares in the last quarter. Dynamic Advisor Solutions LLC boosted its holdings in shares of CBRE Global Real Estate Income Fund by 52.4% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 77,464 shares of the closed-end fund’s stock valued at $417,000 after purchasing an additional 26,647 shares in the last quarter. Finally, Stolper Co boosted its holdings in shares of CBRE Global Real Estate Income Fund by 5.5% in the 4th quarter. Stolper Co now owns 93,248 shares of the closed-end fund’s stock valued at $506,000 after purchasing an additional 4,864 shares in the last quarter.

CBRE Global Real Estate Income Fund Company Profile

(Get Free Report)

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia.

See Also

Receive News & Ratings for CBRE Global Real Estate Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CBRE Global Real Estate Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.