Brookfield Glbl Lstd Infrstr Incm Fd (NYSE:INF) Stock Price Crosses Below Fifty Day Moving Average of $13.14

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Brookfield Glbl Lstd Infrstr Incm Fd Inc (NYSE:INF)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $13.14 and traded as low as $13.07. Brookfield Glbl Lstd Infrstr Incm Fd shares last traded at $13.07, with a volume of 275 shares changing hands.

The firm has a fifty day moving average of $13.14 and a 200-day moving average of $12.54.

The company also recently declared a dividend, which was paid on Thursday, August 22nd. Investors of record on Wednesday, August 14th were issued a $0.082 dividend. The ex-dividend date of this dividend was Tuesday, August 13th.

A number of institutional investors and hedge funds have recently modified their holdings of the business. Parametric Portfolio Associates LLC increased its position in shares of Brookfield Glbl Lstd Infrstr Incm Fd by 11.7% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 219,695 shares of the closed-end fund’s stock worth $2,812,000 after purchasing an additional 22,995 shares during the last quarter. Brookfield Asset Management Inc. increased its position in shares of Brookfield Glbl Lstd Infrstr Incm Fd by 2.0% during the 2nd quarter. Brookfield Asset Management Inc. now owns 202,267 shares of the closed-end fund’s stock worth $2,589,000 after purchasing an additional 3,890 shares during the last quarter. Royal Bank of Canada increased its position in shares of Brookfield Glbl Lstd Infrstr Incm Fd by 14.8% during the 2nd quarter. Royal Bank of Canada now owns 130,868 shares of the closed-end fund’s stock worth $1,676,000 after purchasing an additional 16,882 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Brookfield Glbl Lstd Infrstr Incm Fd by 33.9% during the 2nd quarter. Invesco Ltd. now owns 123,564 shares of the closed-end fund’s stock worth $1,582,000 after acquiring an additional 31,254 shares during the period. Finally, Bank of America Corp DE boosted its stake in shares of Brookfield Glbl Lstd Infrstr Incm Fd by 1.2% during the 2nd quarter. Bank of America Corp DE now owns 108,490 shares of the closed-end fund’s stock worth $1,388,000 after acquiring an additional 1,275 shares during the period. Hedge funds and other institutional investors own 23.67% of the company’s stock.

About Brookfield Glbl Lstd Infrstr Incm Fd (NYSE:INF)

Brookfield Global Listed Infrastructure Income Fund Inc is a closed-ended equity mutual fund launched and managed by Brookfield Investment Management Inc The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating in the infrastructure sector. The fund employs fundamental analysis with a bottom-up stock picking approach, focusing on factors such as temporary market mispricing, values of assets, and cash flows to create its portfolio.

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