A notable shift in the investment landscape has emerged as Cetera Investment Advisers recently reduced its significant stake in Brookfield Real Assets Income Fund Inc., signaling potential strategic adjustments among major financial players.

According to its latest Form 13F filing with the SEC, Cetera Investment Advisers decreased its holdings in Brookfield Real Assets Income Fund Inc. by 5.9% during the first quarter. This reduction involved the sale of 23,820 shares, leaving the firm with a substantial 382,158 shares of the company’s stock.

At the close of the most recent reporting period, Cetera Investment Advisers’ remaining shares in Brookfield Real Assets Income Fund were valued at approximately $5,029,000, underscoring the significant financial commitment still held despite the recent divestment.

Beyond Cetera, a broader pattern of portfolio adjustments by other hedge funds and institutional investors has been observed. Ameriflex Group Inc., for instance, initiated a new position in Brookfield Real Assets Income Fund during the fourth quarter, acquiring shares worth an estimated $135,000.

Similarly, Accredited Investor Services LLC established a new stake in the fund in the first quarter, valued at approximately $144,000. Further demonstrating dynamic market interest, Comerica Bank substantially increased its position in the fund by 210.1% in the fourth quarter, now owning 15,216 shares valued at $203,000 after adding 10,309 shares.

Mallini Complete Financial Planning LLC also expanded its engagement, boosting its stake in Brookfield Real Assets Income Fund by 8.8% in the first quarter to 16,798 shares, valued at $221,000. Completing this overview of new entries, Cary Street Partners Financial LLC acquired a new stake in the fourth quarter, worth $294,000.

The Brookfield Real Assets Income Fund Inc. shares opened at $13.23 on a recent Friday. The fund has experienced market fluctuations, with a fifty-two week low of $11.87 and a fifty-two week high of $13.77. Its performance metrics include a 50-day moving average price of $13.13 and a 200-day moving average price of $13.11, providing insights into its recent market trajectory.

Brookfield Real Assets Income Fund Inc. operates as a closed-ended fixed income mutual fund, strategically launched and managed by Brookfield Investment Management Inc., with co-management from Schroder Investment Management North America Inc. Its core investment focus lies within the fixed income markets of the United States, predominantly targeting securities and instruments of companies involved in real estate, infrastructure, and natural resources.