Cornerstone Advisors Inc buys $11,037,469 stake in CBRE Clarion Global Real Estate Incm Fd (IGR)

CBRE Clarion Global Real Estate Incm Fd (IGR) : Cornerstone Advisors Inc scooped up 2,276 additional shares in CBRE Clarion Global Real Estate Incm Fd during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 10, 2016. The investment management firm now holds a total of 1,289,424 shares of CBRE Clarion Global Real Estate Incm Fd which is valued at $11,037,469.CBRE Clarion Global Real Estate Incm Fd makes up approximately 2.63% of Cornerstone Advisors Inc’s portfolio.

Other Hedge Funds, Including , Cutter Co Brokerage added IGR to its portfolio by purchasing 26,400 company shares during the most recent quarter which is valued at $224,400. CBRE Clarion Global Real Estate Incm Fd makes up approx 0.10% of Cutter Co Brokerage’s portfolio.Creative Planning reduced its stake in IGR by selling 300 shares or 4.7% in the most recent quarter. The Hedge Fund company now holds 6,078 shares of IGR which is valued at $50,083.

CBRE Clarion Global Real Estate Incm Fd closed down -0.04 points or -0.48% at $8.35 with 3,19,482 shares getting traded on Friday. Post opening the session at $8.39, the shares hit an intraday low of $8.32 and an intraday high of $8.413 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

CBRE Clarion Global Real Estate Income (the Trust) is a United States-based is a diversified closed-end management investment fund. The Fund’s primary objective is high current income. The Fund’s secondary objective is capital appreciation. The Fund invests in a portfolio of Real Estate Equity Securities (common and preferred stocks) of real estate companies including the United States real estate investment firms (REITs) and other real estate companies located in the markets of North America including Mexico and Canada; Europe which include Continental Europe United Kingdom Germany France and the Netherlands; Asia which includes Singapore Hong Kong and Japan; Australia and New Zealand. The Fund’s property type portfolio includes retail diversified office industrial residential hotels net leased and healthcare. CBRE Clarion Securities LLC is an investment adviser for the Fund. CBRE Clarion Securities is a majority owned subsidiary of CBRE Group Inc.

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