Capital Investment Advisors LLC Sells 1,014 Shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)


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Capital Investment Advisors LLC trimmed its stake in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 1.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 82,909 shares of the investment management company’s stock after selling 1,014 shares during the period. Capital Investment Advisors LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $2,022,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in RNP. Tompkins Financial Corp bought a new stake in Cohen & Steers REIT and Preferred Income Fund during the 4th quarter worth approximately $39,000. Arkadios Wealth Advisors bought a new stake in Cohen & Steers REIT and Preferred Income Fund in the 4th quarter valued at $49,000. Wolff Wiese Magana LLC purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the fourth quarter valued at about $54,000. Valley Brook Capital Group bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the fourth quarter worth about $59,000. Finally, Citigroup Inc. lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 29.1% in the fourth quarter. Citigroup Inc. now owns 3,346 shares of the investment management company’s stock worth $76,000 after buying an additional 755 shares in the last quarter.

Shares of NYSE:RNP opened at $25.96 on Tuesday. The business has a 50 day simple moving average of $24.62 and a two-hundred day simple moving average of $22.68. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1 year low of $15.87 and a 1 year high of $26.05.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Wednesday, June 16th will be paid a $0.124 dividend. The ex-dividend date is Tuesday, June 15th. This represents a $1.49 dividend on an annualized basis and a yield of 5.73%.

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.

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Institutional Ownership by Quarter for Cohen & Steers REIT and Preferred Income Fund (NYSE:RNP)

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