25,051 Shares in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC bought a new stake in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 25,051 shares of the investment management company’s stock, valued at approximately $524,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Ellis Investment Partners LLC raised its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 2.0% in the 4th quarter. Ellis Investment Partners LLC now owns 1,228,675 shares of the investment management company’s stock worth $25,679,000 after purchasing an additional 23,952 shares during the period. International Assets Investment Management LLC lifted its position in Cohen & Steers REIT and Preferred Income Fund by 2,232.8% during the third quarter. International Assets Investment Management LLC now owns 322,930 shares of the investment management company’s stock valued at $7,644,000 after buying an additional 309,087 shares in the last quarter. JP Wealth Management Inc. purchased a new stake in Cohen & Steers REIT and Preferred Income Fund during the fourth quarter worth approximately $5,193,000. Consolidated Portfolio Review Corp increased its position in shares of Cohen & Steers REIT and Preferred Income Fund by 4.4% in the fourth quarter. Consolidated Portfolio Review Corp now owns 91,405 shares of the investment management company’s stock worth $1,910,000 after acquiring an additional 3,857 shares in the last quarter. Finally, Harbour Investments Inc. raised its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 0.7% in the 3rd quarter. Harbour Investments Inc. now owns 83,558 shares of the investment management company’s stock valued at $1,978,000 after acquiring an additional 544 shares during the period.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

NYSE:RNP opened at $21.80 on Monday. The firm’s fifty day simple moving average is $21.30 and its 200 day simple moving average is $22.42. Cohen & Steers REIT and Preferred Income Fund, Inc. has a twelve month low of $18.77 and a twelve month high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Increases Dividend

The business also recently announced a dividend, which was paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th were paid a $0.136 dividend. The ex-dividend date was Tuesday, January 14th. This represents a dividend yield of 8.01%. This is a positive change from Cohen & Steers REIT and Preferred Income Fund’s previous dividend of $0.12.

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.