Cornerstone Advisory LLC Has $15.71 Million Holdings in Cohen and Steers Global Income Builder (INB)

Cornerstone Advisory LLC grew its position in Cohen and Steers Global Income Builder (NYSE:INB) by 5.8% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,841,709 shares of the company’s stock after purchasing an additional 100,239 shares during the period. Cohen and Steers Global Income Builder comprises about 3.5% of Cornerstone Advisory LLC’s holdings, making the stock its 7th largest position. Cornerstone Advisory LLC’s holdings in Cohen and Steers Global Income Builder were worth $15,710,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Doliver Capital Advisors LP increased its position in Cohen and Steers Global Income Builder by 9.8% in the 4th quarter. Doliver Capital Advisors LP now owns 48,387 shares of the company’s stock worth $360,000 after purchasing an additional 4,332 shares during the last quarter. Advisor Group Inc. increased its position in Cohen and Steers Global Income Builder by 9.5% in the 4th quarter. Advisor Group Inc. now owns 113,983 shares of the company’s stock worth $848,000 after purchasing an additional 9,925 shares during the last quarter. Cetera Advisors LLC acquired a new position in Cohen and Steers Global Income Builder in the 1st quarter worth about $124,000. Bank of America Corp DE increased its position in Cohen and Steers Global Income Builder by 40.3% in the 4th quarter. Bank of America Corp DE now owns 64,995 shares of the company’s stock worth $484,000 after purchasing an additional 18,672 shares during the last quarter. Finally, Shaker Financial Services LLC acquired a new position in Cohen and Steers Global Income Builder in the 1st quarter worth about $175,000.

Shares of INB stock opened at $8.53 on Tuesday. Cohen and Steers Global Income Builder has a fifty-two week low of $7.16 and a fifty-two week high of $9.76.

The company also recently announced a monthly dividend, which will be paid on Friday, May 31st. Shareholders of record on Wednesday, May 15th will be given a $0.062 dividend. This represents a $0.74 annualized dividend and a yield of 8.72%. The ex-dividend date is Tuesday, May 14th.

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Cohen and Steers Global Income Builder Company Profile

Cohen & Steers Global Income Builder, Inc is a closed-end equity mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity markets across the globe. It also invests in ADR securities. The fund also makes its investments in other close ended funds.

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Institutional Ownership by Quarter for Cohen and Steers Global Income Builder (NYSE:INB)

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