CBRE Global Real Estate Income Fund (NYSE:IGR – Get Rating) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $6.40 and trades as low as $6.33. CBRE Global Real Estate Income Fund shares last traded at $6.35, with a volume of 2,351,472 shares traded.
CBRE Global Real Estate Income Fund Stock Down 2.2 %
The firm’s fifty day simple moving average is $6.38 and its 200 day simple moving average is $6.40.
CBRE Global Real Estate Income Fund Dividend Announcement
The company also recently announced a monthly dividend, which was paid on Tuesday, February 28th. Shareholders of record on Tuesday, February 21st were issued a $0.06 dividend. This represents a $0.72 annualized dividend and a dividend yield of 11.34%. The ex-dividend date was Friday, February 17th.
Institutional Trading of CBRE Global Real Estate Income Fund
Several institutional investors have recently made changes to their positions in IGR. CoreCap Advisors LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the second quarter worth approximately $30,000. Islay Capital Management LLC acquired a new stake in shares of CBRE Global Real Estate Income Fund during the second quarter worth approximately $49,000. Occidental Asset Management LLC bought a new position in CBRE Global Real Estate Income Fund during the fourth quarter valued at approximately $58,000. Fiduciary Group LLC bought a new position in CBRE Global Real Estate Income Fund during the third quarter valued at approximately $64,000. Finally, Virtu Financial LLC bought a new position in CBRE Global Real Estate Income Fund during the second quarter valued at approximately $76,000.
CBRE Global Real Estate Income Fund Company Profile
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CBRE Global Real Estate Income Fund operates as a closed-end management investment company. Its primary objective is high current income and its secondary objective is capital appreciation. The company also engages in investing in real estate securities mainly located in North America, Europe, Australia, and Asia.
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