Bay Capital Advisors LLC Makes New Investment in Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF)

Bay Capital Advisors LLC bought a new stake in shares of Cohen & Steers Closed-End Opportunity Fund, Inc. (NYSE:FOF) during the fourth quarter, HoldingsChannel.com reports. The fund bought 10,000 shares of the company’s stock, valued at approximately $127,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sargent Investment Group LLC bought a new position in Cohen & Steers Closed-End Opportunity Fund in the 4th quarter valued at $140,000. J.W. Cole Advisors Inc. boosted its stake in shares of Cohen & Steers Closed-End Opportunity Fund by 69.4% during the fourth quarter. J.W. Cole Advisors Inc. now owns 80,077 shares of the company’s stock valued at $1,017,000 after purchasing an additional 32,794 shares during the period. Thrivent Financial for Lutherans increased its stake in Cohen & Steers Closed-End Opportunity Fund by 24.4% in the 3rd quarter. Thrivent Financial for Lutherans now owns 109,165 shares of the company’s stock worth $1,419,000 after buying an additional 21,433 shares during the period. Raymond James Financial Inc. bought a new stake in Cohen & Steers Closed-End Opportunity Fund during the 4th quarter valued at about $3,532,000. Finally, LPL Financial LLC boosted its position in Cohen & Steers Closed-End Opportunity Fund by 18.1% in the 4th quarter. LPL Financial LLC now owns 913,599 shares of the company’s stock valued at $11,603,000 after buying an additional 139,779 shares during the period.

Cohen & Steers Closed-End Opportunity Fund Stock Performance

Shares of FOF stock opened at $12.24 on Tuesday. The company’s 50-day simple moving average is $12.46 and its two-hundred day simple moving average is $12.74. Cohen & Steers Closed-End Opportunity Fund, Inc. has a one year low of $11.00 and a one year high of $13.39.

Cohen & Steers Closed-End Opportunity Fund Announces Dividend

The company also recently announced a dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a $0.087 dividend. This represents a dividend yield of 8.25%. The ex-dividend date was Tuesday, January 14th.

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.