Harbour Investments Inc. Increases Stock Position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Harbour Investments Inc. boosted its holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 0.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 83,558 shares of the investment management company’s stock after acquiring an additional 544 shares during the quarter. Harbour Investments Inc.’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $1,978,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. XML Financial LLC lifted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 85.6% during the third quarter. XML Financial LLC now owns 20,977 shares of the investment management company’s stock valued at $497,000 after purchasing an additional 9,672 shares in the last quarter. Moloney Securities Asset Management LLC bought a new position in Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter valued at about $236,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of 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 valued at $303,000 after acquiring an additional 1,198 shares during the last quarter. Consolidated Portfolio Review Corp grew its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 2.0% in the third quarter. Consolidated Portfolio Review Corp now owns 87,548 shares of the investment management company’s stock worth $2,072,000 after acquiring an additional 1,739 shares during the period. Finally, Hennion & Walsh Asset Management Inc. purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the third quarter valued at approximately $691,000.

Cohen & Steers REIT and Preferred Income Fund Stock Up 0.3 %

NYSE:RNP opened at $22.58 on Thursday. The company has a 50 day simple moving average of $23.35 and a two-hundred day simple moving average of $21.84. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 12 month low of $17.18 and a 12 month high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be given a $0.136 dividend. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $1.63 annualized dividend and a yield of 7.23%.

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.