Commonwealth Equity Services LLC Has $2.38 Million Stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

Commonwealth Equity Services LLC cut its stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 2.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 178,530 shares of the company’s stock after selling 4,544 shares during the period. Commonwealth Equity Services LLC’s holdings in Brookfield Real Assets Income Fund were worth $2,378,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. SeaCrest Wealth Management LLC boosted its position in shares of Brookfield Real Assets Income Fund by 10.2% during the fourth quarter. SeaCrest Wealth Management LLC now owns 14,658 shares of the company’s stock worth $195,000 after buying an additional 1,353 shares during the period. Encompass More Asset Management boosted its position in Brookfield Real Assets Income Fund by 17.1% during the 4th quarter. Encompass More Asset Management now owns 14,134 shares of the company’s stock worth $188,000 after acquiring an additional 2,062 shares during the last quarter. Sterneck Capital Management LLC boosted its position in Brookfield Real Assets Income Fund by 8.1% during the 4th quarter. Sterneck Capital Management LLC now owns 34,563 shares of the company’s stock worth $460,000 after acquiring an additional 2,600 shares during the last quarter. HighTower Advisors LLC grew its stake in shares of Brookfield Real Assets Income Fund by 3.4% during the 3rd quarter. HighTower Advisors LLC now owns 84,395 shares of the company’s stock worth $1,152,000 after acquiring an additional 2,758 shares in the last quarter. Finally, Atria Wealth Solutions Inc. raised its holdings in shares of Brookfield Real Assets Income Fund by 4.2% in the fourth quarter. Atria Wealth Solutions Inc. now owns 113,208 shares of the company’s stock valued at $1,508,000 after purchasing an additional 4,551 shares during the last quarter.

Brookfield Real Assets Income Fund Stock Performance

Shares of RA opened at $13.20 on Thursday. Brookfield Real Assets Income Fund Inc. has a 12 month low of $12.17 and a 12 month high of $13.77. The firm has a fifty day simple moving average of $13.33 and a 200 day simple moving average of $13.40.

Brookfield Real Assets Income Fund Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, February 20th. Investors of record on Friday, February 7th were given a $0.118 dividend. This represents a dividend yield of 10.52%. The ex-dividend date of this dividend was Thursday, February 6th. Brookfield Real Assets Income Fund’s dividend payout ratio is currently -1,281.82%.

Brookfield Real Assets Income Fund Profile

Brookfield Real Assets Income Fund Inc is a closed ended fixed income mutual fund launched and managed by Brookfield Investment Management Inc The fund is co-managed by Schroder Investment Management North America Inc It invests in fixed income markets of the United States. The fund primarily invests in securities and other instruments of companies, which includes real estate securities, infrastructure securities, and natural resources securities.