Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) Shares Sold by Wedbush Securities Inc.

Wedbush Securities Inc. trimmed its holdings in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) by 4.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,851 shares of the company’s stock after selling 1,077 shares during the quarter. Wedbush Securities Inc.’s holdings in Cohen & Steers Closed-End Opportunity Fund were worth $261,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Concourse Financial Group Securities Inc. purchased a new position in Cohen & Steers Closed-End Opportunity Fund in the 1st quarter worth approximately $25,000. Future Financial Wealth Managment LLC purchased a new position in Cohen & Steers Closed-End Opportunity Fund in the 1st quarter worth approximately $99,000. Kapstone Financial Advisors LLC purchased a new position in Cohen & Steers Closed-End Opportunity Fund in the 2nd quarter worth approximately $139,000. Saxony Capital Management LLC lifted its stake in Cohen & Steers Closed-End Opportunity Fund by 5.2% in the 2nd quarter. Saxony Capital Management LLC now owns 25,493 shares of the company’s stock worth $305,000 after purchasing an additional 1,250 shares in the last quarter. Finally, Private Advisor Group LLC lifted its stake in Cohen & Steers Closed-End Opportunity Fund by 3.4% in the 4th quarter. Private Advisor Group LLC now owns 46,645 shares of the company’s stock worth $522,000 after purchasing an additional 1,542 shares in the last quarter.

Cohen & Steers Closed-End Opportunity Fund Price Performance

FOF opened at $12.70 on Friday. The company’s 50 day simple moving average is $12.26 and its two-hundred day simple moving average is $11.82. Cohen & Steers Closed-End Opportunity Fund, Inc. has a 1-year low of $9.59 and a 1-year high of $12.75.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 10th will be given a dividend of $0.087 per share. This represents a $1.04 annualized dividend and a dividend yield of 8.22%. The ex-dividend date of this dividend is Tuesday, September 10th.

Cohen & Steers Closed-End Opportunity Fund Profile

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.