Gold prices fall as geopolitical tensions ease; U.S. CPI looms
Heidi Stam, a director at CBRE (NYSE:CBRE) Global Real Estate Income Fund (NYSE:IGR), a $671 million real estate investment fund currently offering a substantial 15% dividend yield, acquired 2,264 shares of the company on December 30, 2024. The shares were purchased at an average price of $4.859, bringing the total transaction value to approximately $11,000. The purchase comes as IGR trades near its 52-week low of $4.68, with InvestingPro analysis indicating oversold conditions. Following this purchase, Stam's total direct ownership in the fund stands at 20,767.04 shares. This transaction was disclosed in a recent SEC filing. Notably, IGR has maintained its dividend payments for 21 consecutive years, demonstrating a strong commitment to shareholder returns. InvestingPro subscribers can access 8 additional key insights about IGR's financial health and market position.
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