Future Financial Wealth Managment LLC Increases Stock Holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Future Financial Wealth Managment LLC lifted its stake in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 6.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 15,746 shares of the investment management company’s stock after buying an additional 964 shares during the quarter. Future Financial Wealth Managment LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $373,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Fairman Group LLC purchased a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the 4th quarter valued at about $45,000. EverSource Wealth Advisors LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the 2nd quarter valued at approximately $61,000. XML Financial LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the 2nd quarter valued at approximately $230,000. Lakeridge Wealth Management LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter valued at approximately $231,000. Finally, WealthBridge Capital Management LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the 1st quarter valued at approximately $239,000.

Cohen & Steers REIT and Preferred Income Fund Trading Up 1.1 %

Shares of RNP opened at $23.38 on Wednesday. The stock has a 50 day moving average of $22.94 and a 200-day moving average of $21.27. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 52 week low of $15.52 and a 52 week high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders 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 dividend yield of 6.98%.

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.