Private Advisor Group LLC Has $791,000 Stake in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Private Advisor Group LLC grew its holdings in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,844 shares of the investment management company’s stock after acquiring an additional 1,055 shares during the period. Private Advisor Group LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $791,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. Harbour Investments Inc. raised its position in shares of Cohen & Steers REIT and Preferred Income Fund by 0.7% in the 3rd quarter. Harbour Investments Inc. now owns 83,558 shares of the investment management company’s stock worth $1,978,000 after acquiring an additional 544 shares in the last quarter. D.A. Davidson & CO. increased its position 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 buying an additional 1,125 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Cohen & Steers REIT and Preferred Income Fund by 10.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 12,804 shares of the investment management company’s stock valued at $303,000 after buying an additional 1,198 shares in the last quarter. Koshinski Asset Management Inc. increased its position 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 buying an additional 1,637 shares in the last quarter. Finally, XML Financial LLC increased its position in 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 valued at $508,000 after buying an additional 3,347 shares in the last quarter.

Cohen & Steers REIT and Preferred Income Fund Stock Up 1.6 %

Shares of Cohen & Steers REIT and Preferred Income Fund stock opened at $22.39 on Friday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a one year low of $18.77 and a one year high of $24.41. The business has a 50-day simple moving average of $21.39 and a 200 day simple moving average of $22.42.

Cohen & Steers REIT and Preferred Income Fund Increases Dividend

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

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.