Round Rock Advisors LLC lifted its stake in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Get Rating) by 5.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,077 shares of the investment management company's stock after purchasing an additional 1,000 shares during the quarter. Round Rock Advisors LLC's holdings in Cohen & Steers REIT and Preferred Income Fund were worth $450,000 at the end of the most recent reporting period.
Several other institutional investors have also bought and sold shares of the stock. Koshinski Asset Management Inc. boosted its stake in Cohen & Steers REIT and Preferred Income Fund by 6.0% during the 2nd quarter. Koshinski Asset Management Inc. now owns 37,984 shares of the investment management company's stock valued at $811,000 after purchasing an additional 2,144 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in Cohen & Steers REIT and Preferred Income Fund by 36.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 58,191 shares of the investment management company's stock worth $1,565,000 after acquiring an additional 15,662 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in Cohen & Steers REIT and Preferred Income Fund by 2.3% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 267,741 shares of the investment management company's stock worth $7,200,000 after acquiring an additional 6,112 shares in the last quarter. Prospera Financial Services Inc lifted its holdings in Cohen & Steers REIT and Preferred Income Fund by 8.4% in the 1st quarter. Prospera Financial Services Inc now owns 9,568 shares of the investment management company's stock valued at $257,000 after acquiring an additional 744 shares during the last quarter. Finally, Tcwp LLC acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the 1st quarter worth approximately $28,000.
Get Cohen & Steers REIT and Preferred Income Fund alerts:Cohen & Steers REIT and Preferred Income Fund Trading Up 1.6 %
NYSE RNP opened at $19.39 on Monday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 12 month low of $18.80 and a 12 month high of $29.46. The company's 50 day simple moving average is $23.11 and its 200 day simple moving average is $23.29.
Cohen & Steers REIT and Preferred Income Fund Increases Dividend
The business also recently disclosed a — dividend, which will be paid on Thursday, December 15th. Stockholders of record on Thursday, December 8th will be given a dividend of $1.0714 per share. This represents a dividend yield of 8.5%. The ex-dividend date of this dividend is Wednesday, December 7th. This is an increase from Cohen & Steers REIT and Preferred Income Fund's previous — dividend of $0.12.Cohen & Steers REIT and Preferred Income Fund Profile
(Get Rating)
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.
Recommended Stories
- Get a free copy of the StockNews.com research report on Cohen & Steers REIT and Preferred Income Fund (RNP)
- Archer Daniels Midland: Dividend Hero With 49 Years Of Increases
- Will Fully Autonomous Tractors Make Deere the Tesla of Farming?
- Magna International is Your Auto and EV One-Stop Shop Stock
- Is the Bond Market Signaling a Market Bottom?
- EV Battery Maker Freyr Set For Major Global Expansion
Want to see what other hedge funds are holding RNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Get Rating).
Receive News & Ratings for Cohen & Steers REIT and Preferred Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cohen & Steers REIT and Preferred Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.