Future Financial Wealth Managment LLC Invests $99,000 in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF)

Future Financial Wealth Managment LLC purchased a new position in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,500 shares of the company’s stock, valued at approximately $99,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Principal Securities Inc. purchased a new stake in shares of Cohen & Steers Closed-End Opportunity Fund in the fourth quarter valued at approximately $316,000. Saxony Capital Management LLC bought a new position in shares of Cohen & Steers Closed-End Opportunity Fund during the 4th quarter worth $272,000. LPL Financial LLC increased its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 3.5% during the third quarter. LPL Financial LLC now owns 639,327 shares of the company’s stock valued at $6,598,000 after buying an additional 21,647 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of Cohen & Steers Closed-End Opportunity Fund in the third quarter valued at about $147,000. Finally, Raymond James & Associates lifted its stake in Cohen & Steers Closed-End Opportunity Fund by 7.9% in the fourth quarter. Raymond James & Associates now owns 108,869 shares of the company’s stock worth $1,219,000 after acquiring an additional 8,002 shares during the period.

Cohen & Steers Closed-End Opportunity Fund Stock Up 0.7 %

Shares of FOF opened at $11.78 on Friday. The company has a 50 day moving average price of $11.67 and a 200-day moving average price of $11.43. Cohen & Steers Closed-End Opportunity Fund, Inc. has a fifty-two week low of $9.59 and a fifty-two week high of $12.06.

Cohen & Steers Closed-End Opportunity Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 10th will be given a dividend of $0.087 per share. The ex-dividend date is Tuesday, September 10th. This represents a $1.04 dividend on an annualized basis and a yield of 8.86%.

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.