HighTower Advisors LLC Sells 2,229 Shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

HighTower Advisors LLC reduced its holdings in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 10.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 19,177 shares of the investment management company’s stock after selling 2,229 shares during the period. HighTower Advisors LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $401,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. WealthBridge Capital Management LLC grew its position in shares of Cohen & Steers REIT and Preferred Income Fund by 4.8% in the 4th quarter. WealthBridge Capital Management LLC now owns 20,600 shares of the investment management company’s stock worth $431,000 after buying an additional 950 shares during the last quarter. Private Advisor Group LLC raised its position in shares of Cohen & Steers REIT and Preferred Income Fund by 2.9% during the 4th quarter. Private Advisor Group LLC now owns 37,844 shares of the investment management company’s stock worth $791,000 after purchasing an additional 1,055 shares during the last quarter. D.A. Davidson & CO. lifted its holdings in Cohen & Steers REIT and Preferred Income Fund by 12.3% in the 4th quarter. D.A. Davidson & CO. now owns 10,254 shares of the investment management company’s stock valued at $214,000 after purchasing an additional 1,125 shares in the last quarter. Koshinski Asset Management Inc. raised its holdings in Cohen & Steers REIT and Preferred Income Fund by 2.5% in the 4th quarter. Koshinski Asset Management Inc. now owns 68,234 shares of the investment management company’s stock valued at $1,426,000 after acquiring an additional 1,637 shares during the last quarter. Finally, XML Financial LLC increased its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 16.0% in the 4th quarter. XML Financial LLC now owns 24,324 shares of the investment management company’s stock worth $508,000 after acquiring an additional 3,347 shares during the last quarter.

Cohen & Steers REIT and Preferred Income Fund Trading Up 0.4 %

RNP opened at $22.03 on Tuesday. The business’s 50 day moving average price is $21.77 and its 200 day moving average price is $22.22. Cohen & Steers REIT and Preferred Income Fund, Inc. has a one year low of $18.77 and a one year 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 Monday, June 30th. Investors of record on Tuesday, June 10th will be issued a $0.136 dividend. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a yield of 7.5%.

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.