Raymond James Financial Services Advisors Inc. Sells 2,358 Shares of Cohen and Steers Global Income Builder (INB)

Raymond James Financial Services Advisors Inc. decreased its holdings in shares of Cohen and Steers Global Income Builder (NYSE:INB) by 2.9% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 79,521 shares of the company’s stock after selling 2,358 shares during the period. Raymond James Financial Services Advisors Inc. owned approximately 0.34% of Cohen and Steers Global Income Builder worth $757,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Cornerstone Advisory LLP increased its position in shares of Cohen and Steers Global Income Builder by 1,468.5% in the 2nd quarter. Cornerstone Advisory LLP now owns 2,600,649 shares of the company’s stock valued at $24,758,000 after buying an additional 2,434,849 shares in the last quarter. Girard Partners LTD. bought a new stake in shares of Cohen and Steers Global Income Builder in the 2nd quarter valued at $355,000. Sawtooth Solutions LLC increased its position in shares of Cohen and Steers Global Income Builder by 28.2% in the 2nd quarter. Sawtooth Solutions LLC now owns 74,300 shares of the company’s stock valued at $707,000 after buying an additional 16,325 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its position in shares of Cohen and Steers Global Income Builder by 50.7% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 45,947 shares of the company’s stock valued at $437,000 after buying an additional 15,460 shares in the last quarter. Finally, Royal Bank of Canada increased its position in shares of Cohen and Steers Global Income Builder by 55.7% in the 2nd quarter. Royal Bank of Canada now owns 18,349 shares of the company’s stock valued at $175,000 after buying an additional 6,562 shares in the last quarter.

Shares of Cohen and Steers Global Income Builder (INB) opened at 9.74 on Monday. Cohen and Steers Global Income Builder has a 52-week low of $8.36 and a 52-week high of $9.93. The company has a 50 day moving average of $9.66 and a 200-day moving average of $9.55.

The company also recently announced a monthly dividend, which will be paid on Friday, December 29th. Investors of record on Wednesday, December 20th will be paid a dividend of $0.069 per share. This represents a $0.83 dividend on an annualized basis and a yield of 8.50%. The ex-dividend date is Tuesday, December 19th.

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About Cohen and Steers Global Income Builder

Cohen & Steers Global Income Builder, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return with an emphasis on high current income. The Fund invests in various industry sectors, such as financial, technology, healthcare, industrials, real estate, consumer-non-cyclical, consumer-cyclical, energy, closed-end funds, materials, banks-foreign, consumer discretionary, consumer staples, pipelines, communications, telecommunication services, automotive, gas distribution, pipelines-C-Corp, railways, electric, banks, toll roads, insurance, water, airports, hotel, integrated electric insurance-foreign and other.

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

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