Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) Shares Acquired by XML Financial LLC

XML Financial LLC increased its holdings in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 16.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 24,324 shares of the investment management company’s stock after purchasing an additional 3,347 shares during the quarter. XML Financial LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $508,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. EverSource Wealth Advisors LLC acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the second quarter valued at about $61,000. Annex Advisory Services LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund in the 3rd quarter valued at approximately $209,000. D.A. Davidson & CO. acquired a new stake in Cohen & Steers REIT and Preferred Income Fund in the 3rd quarter valued at approximately $216,000. Lakeridge Wealth Management LLC purchased a new stake in Cohen & Steers REIT and Preferred Income Fund in the third quarter valued at approximately $231,000. Finally, Monterey Private Wealth Inc. acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the fourth quarter worth $207,000.

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

Shares of NYSE RNP opened at $21.38 on Thursday. 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 stock has a fifty day simple moving average of $21.69 and a 200-day simple moving average of $22.37.

Cohen & Steers REIT and Preferred Income Fund Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a $0.136 dividend. This is an increase from Cohen & Steers REIT and Preferred Income Fund’s previous dividend of $0.12. This represents a yield of 8.01%. The ex-dividend date is Tuesday, January 14th.

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.