Atlantic Union Bankshares Corp Has $1.24 Million Position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Atlantic Union Bankshares Corp lessened its holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 17.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 59,134 shares of the investment management company’s stock after selling 12,160 shares during the period. Atlantic Union Bankshares Corp’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $1,244,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in RNP. International Assets Investment Management LLC lifted its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 1,678.5% during the 4th quarter. International Assets Investment Management LLC now owns 279,075 shares of the investment management company’s stock worth $5,626,000 after buying an additional 263,383 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its holdings in Cohen & Steers REIT and Preferred Income Fund by 18.3% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 264,157 shares of the investment management company’s stock valued at $5,325,000 after acquiring an additional 40,861 shares during the period. Private Trust Co. NA lifted its position in Cohen & Steers REIT and Preferred Income Fund by 10.4% during the fourth quarter. Private Trust Co. NA now owns 7,969 shares of the investment management company’s stock worth $161,000 after acquiring an additional 750 shares during the last quarter. Ellis Investment Partners LLC boosted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 14.5% during the fourth quarter. Ellis Investment Partners LLC now owns 1,216,619 shares of the investment management company’s stock worth $24,527,000 after acquiring an additional 153,967 shares during the period. Finally, Wells Fargo & Company MN grew its position in shares of Cohen & Steers REIT and Preferred Income Fund by 8.1% in the fourth quarter. Wells Fargo & Company MN now owns 427,104 shares of the investment management company’s stock valued at $8,610,000 after purchasing an additional 31,939 shares during the last quarter.

Cohen & Steers REIT and Preferred Income Fund Trading Up 1.4 %

Shares of NYSE RNP opened at $20.37 on Friday. The business’s 50 day moving average is $20.10 and its 200-day moving average is $20.19. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1-year low of $15.52 and a 1-year high of $21.27.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Shareholders of record on Tuesday, September 10th will be given a dividend of $0.136 per share. This represents a $1.63 annualized dividend and a yield of 8.01%. The ex-dividend date of this dividend is Tuesday, September 10th.

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.