9,902 Shares in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) Acquired by Monterey Private Wealth Inc.

Monterey Private Wealth Inc. bought a new position in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 9,902 shares of the investment management company’s stock, valued at approximately $207,000.

A number of other hedge funds have also bought and sold shares of the stock. EverSource Wealth Advisors LLC purchased a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the second quarter valued at $61,000. Annex Advisory Services LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter worth about $209,000. D.A. Davidson & CO. purchased a new stake in Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter valued at about $216,000. Lakeridge Wealth Management LLC acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the third quarter valued at about $231,000. Finally, Moloney Securities Asset Management LLC purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the third quarter worth about $236,000.

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

Shares of NYSE RNP opened at $21.14 on Tuesday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 52 week low of $18.77 and a 52 week high of $24.41. The business’s 50 day moving average price is $21.74 and its 200 day moving average price is $22.37.

Cohen & Steers REIT and Preferred Income Fund Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a $0.136 dividend. This is an increase from Cohen & Steers REIT and Preferred Income Fund’s previous dividend of $0.12. This represents a dividend yield of 8.01%. The ex-dividend date is Tuesday, January 14th.

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.