CBRE Global Real Estate Income Fund (NYSE:IGR) Stock Price Crosses Below Two Hundred Day Moving Average – What’s Next?

CBRE Global Real Estate Income Fund (NYSE:IGR) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $5.70 and traded as low as $5.23. CBRE Global Real Estate Income Fund shares last traded at $5.27, with a volume of 925,056 shares traded.

CBRE Global Real Estate Income Fund Trading Down 0.6 %

The business’s fifty day simple moving average is $5.14 and its 200 day simple moving average is $5.70.

CBRE Global Real Estate Income Fund Increases Dividend

The business also recently declared a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 22nd were paid a dividend of $0.06 per share. This is a boost from CBRE Global Real Estate Income Fund’s previous dividend of $0.05. This represents a dividend yield of 13.66%. The ex-dividend date was Tuesday, January 21st.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC bought a new position in CBRE Global Real Estate Income Fund in the 3rd quarter valued at $67,000. Daymark Wealth Partners LLC acquired a new stake in CBRE Global Real Estate Income Fund in the fourth quarter worth about $49,000. Centurion Wealth Management LLC bought a new stake in CBRE Global Real Estate Income Fund during the 4th quarter worth about $50,000. Ellis Investment Partners LLC acquired a new position in CBRE Global Real Estate Income Fund during the 3rd quarter valued at about $69,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of CBRE Global Real Estate Income Fund in the 3rd quarter valued at about $71,000.

CBRE Global Real Estate Income Fund Company Profile

CBRE Clarion Global Real Estate Income Fund specializes in investments in various property types, including office, retail, diversified, apartments, industrials, hotels, healthcare, and storage. It invests in the public equity markets across the developed markets of North America, Europe, Australia, and Asia.