Commonwealth Equity Services LLC Has $2.95 Million Stock Position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Commonwealth Equity Services LLC grew its position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 4.6% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 144,589 shares of the investment management company’s stock after buying an additional 6,391 shares during the period. Commonwealth Equity Services LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $2,945,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in RNP. Consolidated Portfolio Review Corp acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the first quarter worth $360,000. Advisors Asset Management Inc. grew its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 42.4% during the first quarter. Advisors Asset Management Inc. now owns 44,428 shares of the investment management company’s stock worth $934,000 after purchasing an additional 13,234 shares during the period. Wells Fargo & Company MN grew its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 8.1% during the fourth quarter. Wells Fargo & Company MN now owns 427,104 shares of the investment management company’s stock worth $8,610,000 after purchasing an additional 31,939 shares during the period. Private Advisor Group LLC grew its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 57.6% during the first quarter. Private Advisor Group LLC now owns 41,494 shares of the investment management company’s stock worth $873,000 after purchasing an additional 15,162 shares during the period. Finally, Future Financial Wealth Managment LLC acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the first quarter worth $239,000.

Cohen & Steers REIT and Preferred Income Fund Stock Down 0.6 %

Shares of Cohen & Steers REIT and Preferred Income Fund stock opened at $23.74 on Thursday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 12 month low of $15.52 and a 12 month high of $23.98. The business has a fifty day simple moving average of $22.13 and a 200 day simple moving average of $20.90.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 10th will be issued a dividend of $0.136 per share. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.63 annualized dividend and a yield of 6.87%.

Cohen & Steers REIT and Preferred Income Fund Company Profile

Cohen & Steers REIT and Preferred Income Fund, Inc is a closed-ended balanced mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the public equity and fixed income markets of the United States. It seeks to invest in the stocks of companies operating in the real estate sector including real estate investment trusts.