Cwm LLC Sells 3,542 Shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Cwm LLC lowered its holdings in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 45.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,257 shares of the investment management company’s stock after selling 3,542 shares during the period. Cwm LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $94,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in RNP. Raymond James Financial Inc. acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the 4th quarter valued at about $7,761,000. XML Financial LLC boosted its holdings in Cohen & Steers REIT and Preferred Income Fund by 810.1% in the first quarter. XML Financial LLC now owns 221,362 shares of the investment management company’s stock worth $4,885,000 after acquiring an additional 197,038 shares in the last quarter. Cetera Investment Advisers boosted its holdings in Cohen & Steers REIT and Preferred Income Fund by 11.8% in the fourth quarter. Cetera Investment Advisers now owns 121,965 shares of the investment management company’s stock worth $2,549,000 after acquiring an additional 12,849 shares in the last quarter. Consolidated Portfolio Review Corp grew its stake in Cohen & Steers REIT and Preferred Income Fund by 7.4% in the first quarter. Consolidated Portfolio Review Corp now owns 98,143 shares of the investment management company’s stock valued at $2,166,000 after acquiring an additional 6,738 shares during the period. Finally, Koshinski Asset Management Inc. increased its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 7.4% during the first quarter. Koshinski Asset Management Inc. now owns 73,259 shares of the investment management company’s stock valued at $1,617,000 after acquiring an additional 5,025 shares in the last quarter.

Cohen & Steers REIT and Preferred Income Fund Stock Down 0.7%

Shares of NYSE:RNP opened at $22.25 on Friday. The stock’s 50 day moving average is $22.25 and its 200-day moving average is $21.70. Cohen & Steers REIT and Preferred Income Fund, Inc. has a twelve month low of $19.00 and a twelve month high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, July 31st. Investors of record on Wednesday, July 16th were given a $0.136 dividend. The ex-dividend date of this dividend was Tuesday, July 15th. This represents a yield of 714.0%.

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.