Cornerstone Advisors LLC Cuts Holdings in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI)

Cornerstone Advisors LLC cut its holdings in Cohen & Steers Total Return Realty Fund, Inc. (NYSE:RFI - Free Report) by 83.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 10,386 shares of the real estate investment trust's stock after selling 51,000 shares during the period. Cornerstone Advisors LLC's holdings in Cohen & Steers Total Return Realty Fund were worth $136,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in RFI. International Assets Investment Management LLC acquired a new stake in shares of Cohen & Steers Total Return Realty Fund during the third quarter valued at about $171,000. Consolidated Portfolio Review Corp raised its position in Cohen & Steers Total Return Realty Fund by 34.6% in the second quarter. Consolidated Portfolio Review Corp now owns 30,409 shares of the real estate investment trust's stock valued at $352,000 after purchasing an additional 7,824 shares during the period. Stratos Wealth Advisors LLC lifted its stake in Cohen & Steers Total Return Realty Fund by 2.4% during the third quarter. Stratos Wealth Advisors LLC now owns 71,267 shares of the real estate investment trust's stock worth $933,000 after purchasing an additional 1,667 shares in the last quarter. WealthBridge Capital Management LLC boosted its position in shares of Cohen & Steers Total Return Realty Fund by 16.0% during the third quarter. WealthBridge Capital Management LLC now owns 55,235 shares of the real estate investment trust's stock worth $723,000 after buying an additional 7,603 shares during the period. Finally, Richardson Financial Services Inc. grew its stake in shares of Cohen & Steers Total Return Realty Fund by 100.0% in the third quarter. Richardson Financial Services Inc. now owns 2,000 shares of the real estate investment trust's stock valued at $25,000 after buying an additional 1,000 shares in the last quarter. 20.42% of the stock is currently owned by hedge funds and other institutional investors.

Cohen & Steers Total Return Realty Fund Price Performance

RFI traded up $0.19 during mid-day trading on Friday, hitting $12.85. 62,668 shares of the stock were exchanged, compared to its average volume of 67,925. The firm's fifty day moving average is $12.86 and its two-hundred day moving average is $12.27. Cohen & Steers Total Return Realty Fund, Inc. has a 1-year low of $10.67 and a 1-year high of $13.44.

Cohen & Steers Total Return Realty Fund Announces Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th were paid a $0.08 dividend. This represents a dividend yield of 7.41%. The ex-dividend date was Tuesday, October 15th.

Cohen & Steers Total Return Realty Fund Profile

Cohen & Steers Total Return Realty Fund, Inc is a closed-ended equity mutual fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the real estate sector, including real estate investment trusts.