MGO One Seven LLC Cuts Position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

MGO One Seven LLC lowered its stake in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 22.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,451 shares of the investment management company’s stock after selling 3,229 shares during the quarter. MGO One Seven LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the 4th quarter valued at about $104,000. Spire Wealth Management purchased a new stake in Cohen & Steers REIT and Preferred Income Fund during the fourth quarter valued at approximately $123,000. Geneos Wealth Management Inc. acquired a new stake in Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at approximately $195,000. Monterey Private Wealth Inc. purchased a new position in Cohen & Steers REIT and Preferred Income Fund in the fourth quarter worth $207,000. Finally, D.A. Davidson & CO. increased its position in shares of Cohen & Steers REIT and Preferred Income Fund by 12.3% during the fourth quarter. D.A. Davidson & CO. now owns 10,254 shares of the investment management company’s stock worth $214,000 after purchasing an additional 1,125 shares in the last quarter.

Cohen & Steers REIT and Preferred Income Fund Trading Up 0.6 %

Shares of RNP opened at $21.25 on Wednesday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 12 month low of $19.00 and a 12 month high of $24.41. The stock has a fifty day moving average price of $21.30 and a 200-day moving average price of $21.81.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The firm also recently declared a — dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be issued a $0.136 dividend. This represents a yield of 7.5%. The ex-dividend date is Tuesday, June 10th.

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.