Consolidated Portfolio Review Corp Raises Stake in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Consolidated Portfolio Review Corp grew its holdings in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 2.0% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 87,548 shares of the investment management company’s stock after acquiring an additional 1,739 shares during the quarter. Consolidated Portfolio Review Corp’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $2,072,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. EverSource Wealth Advisors LLC purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the second quarter valued at about $61,000. Annex Advisory Services LLC purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the third quarter valued at about $209,000. XML Financial LLC purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the second quarter valued at about $230,000. Lakeridge Wealth Management LLC bought a new position in Cohen & Steers REIT and Preferred Income Fund in the third quarter worth about $231,000. Finally, WealthBridge Capital Management LLC purchased a new stake in Cohen & Steers REIT and Preferred Income Fund in the first quarter worth about $239,000.

Cohen & Steers REIT and Preferred Income Fund Price Performance

RNP traded down $0.17 during trading on Friday, reaching $23.41. The stock had a trading volume of 87,169 shares, compared to its average volume of 105,676. The stock’s 50 day moving average is $23.37 and its two-hundred day moving average is $21.53. Cohen & Steers REIT and Preferred Income Fund, Inc. has a one year low of $15.59 and a one year high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be issued a dividend of $0.136 per share. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $1.63 annualized dividend and a dividend yield of 6.97%.

About Cohen & Steers REIT and Preferred Income Fund

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.