UBS Group AG Sells 93,111 Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA)

UBS Group AG lessened its stake in Brookfield Real Assets Income Fund Inc. (NYSE:RA – Get Rating) by 38.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 150,345 shares of the company’s stock after selling 93,111 shares during the quarter. UBS Group AG’s holdings in Brookfield Real Assets Income Fund were worth $2,588,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of RA. Centaurus Financial Inc. increased its holdings in Brookfield Real Assets Income Fund by 0.3% in the 1st quarter. Centaurus Financial Inc. now owns 257,982 shares of the company’s stock worth $5,351,000 after purchasing an additional 887 shares in the last quarter. U.S. Capital Wealth Advisors LLC increased its position in Brookfield Real Assets Income Fund by 4.2% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 27,181 shares of the company’s stock valued at $468,000 after acquiring an additional 1,090 shares during the period. Atria Wealth Solutions Inc. raised its position in Brookfield Real Assets Income Fund by 12.2% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 12,852 shares of the company’s stock worth $237,000 after purchasing an additional 1,400 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in Brookfield Real Assets Income Fund by 5.5% during the 2nd quarter. Janney Montgomery Scott LLC now owns 34,712 shares of the company’s stock worth $635,000 after buying an additional 1,807 shares during the period. Finally, Baird Financial Group Inc. increased its position in Brookfield Real Assets Income Fund by 3.2% during the 2nd quarter. Baird Financial Group Inc. now owns 63,460 shares of the company’s stock valued at $1,170,000 after purchasing an additional 1,942 shares during the period.

Brookfield Real Assets Income Fund Stock Performance

Shares of Brookfield Real Assets Income Fund stock opened at $18.10 on Monday. The stock’s 50-day moving average is $17.32 and its 200 day moving average is $17.69. Brookfield Real Assets Income Fund Inc. has a one year low of $16.05 and a one year high of $21.17.

Brookfield Real Assets Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 28th. Stockholders of record on Wednesday, March 15th will be issued a $0.199 dividend. This represents a $2.39 annualized dividend and a dividend yield of 13.19%. The ex-dividend date is Tuesday, March 14th. Brookfield Real Assets Income Fund’s dividend payout ratio is presently -2,345.45%.

Brookfield Real Assets Income Fund Profile

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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.