HighTower Advisors LLC Cuts Stock Holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA)

HighTower Advisors LLC lowered its holdings in Brookfield Real Assets Income Fund Inc. (NYSE:RA) by 9.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 76,501 shares of the company’s stock after selling 7,894 shares during the quarter. HighTower Advisors LLC’s holdings in Brookfield Real Assets Income Fund were worth $1,019,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Oppenheimer & Co. Inc. acquired a new position in shares of Brookfield Real Assets Income Fund during the 4th quarter worth approximately $171,000. Strategic Financial Concepts LLC purchased a new position in Brookfield Real Assets Income Fund in the 4th quarter valued at about $479,000. SeaCrest Wealth Management LLC boosted its stake in shares of Brookfield Real Assets Income Fund by 10.2% during the 4th quarter. SeaCrest Wealth Management LLC now owns 14,658 shares of the company’s stock worth $195,000 after purchasing an additional 1,353 shares during the last quarter. Noble Wealth Management PBC purchased a new stake in shares of Brookfield Real Assets Income Fund during the fourth quarter worth about $1,858,000. Finally, Private Advisor Group LLC grew its holdings in shares of Brookfield Real Assets Income Fund by 14.9% during the fourth quarter. Private Advisor Group LLC now owns 74,549 shares of the company’s stock worth $993,000 after buying an additional 9,676 shares in the last quarter.

Brookfield Real Assets Income Fund Price Performance

Shares of RA opened at $13.20 on Thursday. Brookfield Real Assets Income Fund Inc. has a 1 year low of $12.17 and a 1 year high of $13.77. The company’s 50 day simple moving average is $13.33 and its 200 day simple moving average is $13.40.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Thursday, February 20th. Stockholders of record on Friday, February 7th were issued a dividend of $0.118 per share. 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 (DPR) is -1,281.82%.

Brookfield Real Assets Income Fund Company 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.