Stifel Financial Corp Makes New $271,000 Investment in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Stifel Financial Corp bought a new position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) in the third quarter, Holdings Channel.com reports. The firm bought 11,442 shares of the investment management company’s stock, valued at approximately $271,000.

Other hedge funds also recently made changes to their positions in the company. Harbour Investments Inc. boosted its position in Cohen & Steers REIT and Preferred Income Fund by 0.7% during the 3rd quarter. Harbour Investments Inc. now owns 83,558 shares of the investment management company’s stock worth $1,978,000 after buying an additional 544 shares during the period. Future Financial Wealth Managment LLC grew its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 6.5% in the third quarter. Future Financial Wealth Managment LLC now owns 15,746 shares of the investment management company’s stock worth $373,000 after purchasing an additional 964 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its position in Cohen & Steers REIT and Preferred Income Fund by 10.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 12,804 shares of the investment management company’s stock worth $303,000 after purchasing an additional 1,198 shares during the last quarter. Venture Visionary Partners LLC lifted its holdings in Cohen & Steers REIT and Preferred Income Fund by 4.4% during the 3rd quarter. Venture Visionary Partners LLC now owns 30,558 shares of the investment management company’s stock worth $723,000 after buying an additional 1,281 shares during the period. Finally, WealthBridge Capital Management LLC lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 8.3% in the 3rd quarter. WealthBridge Capital Management LLC now owns 19,650 shares of the investment management company’s stock worth $465,000 after purchasing an additional 1,500 shares during the period.

Cohen & Steers REIT and Preferred Income Fund Trading Down 0.8 %

RNP opened at $21.01 on Monday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a twelve month low of $18.77 and a twelve month high of $24.41. The company has a fifty day moving average of $22.51 and a 200-day moving average of $22.29.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Tuesday, March 11th will be given a $0.136 dividend. This represents a $1.63 annualized dividend and a dividend yield of 7.77%. The ex-dividend date is Tuesday, March 11th.

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.