6,251 Shares in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) Bought by Elequin Capital LP

Elequin Capital LP bought a new stake in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,251 shares of the investment management company’s stock, valued at approximately $131,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. TD Waterhouse Canada Inc. purchased a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at about $104,000. Spire Wealth Management acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the fourth quarter valued at approximately $123,000. Geneos Wealth Management Inc. acquired a new stake in Cohen & Steers REIT and Preferred Income Fund in the 4th quarter valued at $195,000. Monterey Private Wealth Inc. purchased a new position in Cohen & Steers REIT and Preferred Income Fund in the 4th quarter worth approximately $207,000. Finally, Jane Street Group LLC purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at $212,000.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

Shares of NYSE:RNP opened at $21.79 on Wednesday. The company has a fifty day simple moving average of $21.21 and a 200 day simple moving average of $21.61. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 12-month low of $19.00 and a 12-month high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The business also recently announced a dividend, which will be paid on Friday, May 30th. Shareholders of record on Wednesday, May 14th will be paid a dividend of $0.136 per share. The ex-dividend date is Tuesday, May 13th. This represents a yield of 7.62%.

Cohen & Steers REIT and Preferred Income Fund 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.