SeaCrest Wealth Management LLC Buys New Shares in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

SeaCrest Wealth Management LLC bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNPGet Rating) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 1,758 shares of the investment management company’s stock, valued at approximately $38,000.

Other institutional investors also recently modified their holdings of the company. Tcwp LLC acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the 1st quarter valued at $28,000. Total Clarity Wealth Management Inc. acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the second quarter worth $44,000. US Bancorp DE raised its holdings in Cohen & Steers REIT and Preferred Income Fund by 80.5% during the second quarter. US Bancorp DE now owns 3,140 shares of the investment management company’s stock worth $67,000 after buying an additional 1,400 shares during the last quarter. Cetera Advisors LLC raised its holdings in Cohen & Steers REIT and Preferred Income Fund by 8.2% during the first quarter. Cetera Advisors LLC now owns 8,619 shares of the investment management company’s stock worth $232,000 after buying an additional 651 shares during the last quarter. Finally, Buckingham Strategic Partners raised its holdings in Cohen & Steers REIT and Preferred Income Fund by 12.4% during the first quarter. Buckingham Strategic Partners now owns 8,989 shares of the investment management company’s stock worth $242,000 after buying an additional 989 shares during the last quarter.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

RNP opened at $21.65 on Tuesday. The company’s fifty day moving average price is $20.75 and its two-hundred day moving average price is $22.11. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1-year low of $18.80 and a 1-year high of $29.46.

Cohen & Steers REIT and Preferred Income Fund Increases Dividend

The firm also recently disclosed a — dividend, which will be paid on Thursday, December 15th. Shareholders of record on Thursday, December 8th will be issued a dividend of $1.0714 per share. This is an increase from Cohen & Steers REIT and Preferred Income Fund’s previous — dividend of $0.12. The ex-dividend date of this dividend is Wednesday, December 7th. This represents a yield of 8.5%.

Cohen & Steers REIT and Preferred Income Fund Company Profile

(Get Rating)

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.

See Also

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

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