Cohen & Steers Global Income Builder, Inc (INB) Shares Bought by Advisor Group Inc.

Advisor Group Inc. grew its position in Cohen & Steers Global Income Builder, Inc (NYSE:INB) by 23.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 96,029 shares of the company’s stock after purchasing an additional 18,351 shares during the period. Advisor Group Inc. owned about 0.41% of Cohen & Steers Global Income Builder worth $932,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of INB. Doliver Capital Advisors LP raised its holdings in Cohen & Steers Global Income Builder by 30.0% in the second quarter. Doliver Capital Advisors LP now owns 15,861 shares of the company’s stock worth $151,000 after purchasing an additional 3,661 shares during the period. Royal Bank of Canada raised its holdings in Cohen & Steers Global Income Builder by 55.7% in the second quarter. Royal Bank of Canada now owns 18,349 shares of the company’s stock worth $175,000 after purchasing an additional 6,562 shares during the period. First Allied Advisory Services Inc. raised its holdings in Cohen & Steers Global Income Builder by 21.3% in the second quarter. First Allied Advisory Services Inc. now owns 24,750 shares of the company’s stock worth $237,000 after purchasing an additional 4,350 shares during the period. Girard Partners LTD. acquired a new stake in Cohen & Steers Global Income Builder in the second quarter worth $355,000. Finally, Cambridge Investment Research Advisors Inc. raised its holdings in shares of Cohen & Steers Global Income Builder by 50.7% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 45,947 shares of the company’s stock worth $437,000 after acquiring an additional 15,460 shares during the period.

Shares of Cohen & Steers Global Income Builder, Inc (NYSE:INB) traded down $0.04 during trading hours on Wednesday, hitting $9.74. 87,508 shares of the company were exchanged, compared to its average volume of 78,488. Cohen & Steers Global Income Builder, Inc has a fifty-two week low of $8.48 and a fifty-two week high of $9.98.

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

WARNING: “Cohen & Steers Global Income Builder, Inc (INB) Shares Bought by Advisor Group Inc.” was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this piece on another domain, it was stolen and reposted in violation of United States & international copyright & trademark laws. The original version of this piece can be accessed at https://ledgergazette.com/2017/12/07/advisor-group-inc-has-932000-position-in-cohen-and-steers-global-income-builder-inb.html.

About Cohen & 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.

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

Receive News & Ratings for Cohen & Steers Global Income Builder Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers Global Income Builder Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply