Invesco Ltd. Sells 12,497 Shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Invesco Ltd. decreased its holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 21.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,835 shares of the investment management company’s stock after selling 12,497 shares during the period. Invesco Ltd.’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $979,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 78.8% in the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 52,192 shares of the investment management company’s stock valued at $1,091,000 after buying an additional 23,010 shares during the period. Koshinski Asset Management Inc. raised its holdings 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 acquiring an additional 1,637 shares in the last quarter. Monterey Private Wealth Inc. bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the 4th quarter valued at $207,000. XML Financial LLC lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 16.0% during the 4th quarter. XML Financial LLC now owns 24,324 shares of the investment management company’s stock valued at $508,000 after acquiring an additional 3,347 shares during the period. Finally, Geneos Wealth Management Inc. acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the 4th quarter worth $195,000.

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

RNP opened at $21.50 on Friday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a twelve month low of $19.00 and a twelve month high of $24.41. The company has a 50-day simple moving average of $21.28 and a 200 day simple moving average of $21.79.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The company also recently disclosed a — dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be given a dividend of $0.136 per share. The ex-dividend date is Tuesday, June 10th. This represents a yield of 7.5%.

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.