International Assets Investment Management LLC Has $7.64 Million Position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

International Assets Investment Management LLC boosted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 2,232.8% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 322,930 shares of the investment management company’s stock after buying an additional 309,087 shares during the period. International Assets Investment Management LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $7,644,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. EverSource Wealth Advisors LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the second quarter worth $61,000. Annex Advisory Services LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the third quarter worth $209,000. XML Financial LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the second quarter worth $230,000. Lakeridge Wealth Management LLC bought a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the third quarter valued at $231,000. Finally, Creative Planning bought a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the third quarter valued at $258,000.

Cohen & Steers REIT and Preferred Income Fund Price Performance

Shares of NYSE RNP opened at $22.94 on Friday. The business has a fifty day moving average of $23.43 and a two-hundred day moving average of $21.61. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 52-week low of $15.82 and a 52-week high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be issued a dividend of $0.136 per share. The ex-dividend date of this dividend is Tuesday, December 10th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 7.12%.

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.