Brookfield Real Assets Income Fund (NYSE:RA) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Brookfield Real Assets Income Fund Inc. (NYSE:RA) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $13.17 and traded as high as $13.45. Brookfield Real Assets Income Fund shares last traded at $13.42, with a volume of 268,260 shares trading hands.

Brookfield Real Assets Income Fund Price Performance

The company has a 50-day moving average price of $13.44 and a 200-day moving average price of $13.18.

Brookfield Real Assets Income Fund Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, November 27th. Shareholders of record on Wednesday, November 13th were issued a $0.118 dividend. This represents a yield of 10.44%. The ex-dividend date was Tuesday, November 12th. Brookfield Real Assets Income Fund’s dividend payout ratio (DPR) is currently -1,281.82%.

Insider Transactions at Brookfield Real Assets Income Fund

In other Brookfield Real Assets Income Fund news, Portfolio Manager Justin Charles Guichard purchased 7,364 shares of the company’s stock in a transaction that occurred on Tuesday, September 17th. The stock was purchased at an average price of $13.58 per share, with a total value of $100,003.12. Following the completion of the transaction, the portfolio manager now directly owns 7,364 shares of the company’s stock, valued at approximately $100,003.12. This trade represents a ∞ increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pathstone Holdings LLC boosted its position in shares of Brookfield Real Assets Income Fund by 55.4% in the 3rd quarter. Pathstone Holdings LLC now owns 847,327 shares of the company’s stock worth $11,612,000 after purchasing an additional 301,996 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Brookfield Real Assets Income Fund by 450.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 253,718 shares of the company’s stock worth $3,237,000 after buying an additional 207,655 shares during the period. Logan Stone Capital LLC bought a new position in shares of Brookfield Real Assets Income Fund during the 2nd quarter valued at about $2,043,000. Raymond James & Associates boosted its stake in Brookfield Real Assets Income Fund by 17.2% in the 2nd quarter. Raymond James & Associates now owns 143,428 shares of the company’s stock worth $1,830,000 after purchasing an additional 21,007 shares during the period. Finally, International Assets Investment Management LLC acquired a new position in shares of Brookfield Real Assets Income Fund during the third quarter worth about $14,850,000.

Brookfield Real Assets Income Fund Company Profile

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.