Cohen & Steers REIT and Preferred Income Fund, Inc. $RNP is Ellis Investment Partners LLC’s 2nd Largest Position

Ellis Investment Partners LLC grew its position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 0.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,199,662 shares of the investment management company’s stock after acquiring an additional 2,793 shares during the quarter. Cohen & Steers REIT and Preferred Income Fund comprises about 5.3% of Ellis Investment Partners LLC’s portfolio, making the stock its 2nd largest position. Ellis Investment Partners LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $27,316,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in RNP. LPL Financial LLC grew its holdings in Cohen & Steers REIT and Preferred Income Fund by 1.2% during the 1st quarter. LPL Financial LLC now owns 765,664 shares of the investment management company’s stock valued at $16,898,000 after purchasing an additional 8,896 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 86.3% during the first quarter. Raymond James Financial Inc. now owns 691,946 shares of the investment management company’s stock valued at $15,271,000 after buying an additional 320,617 shares during the last quarter. XML Financial LLC grew its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 41.7% during the second quarter. XML Financial LLC now owns 313,706 shares of the investment management company’s stock valued at $7,143,000 after buying an additional 92,344 shares during the last quarter. Cetera Investment Advisers raised its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 24.8% in the first quarter. Cetera Investment Advisers now owns 152,210 shares of the investment management company’s stock worth $3,359,000 after buying an additional 30,245 shares during the period. Finally, Consolidated Portfolio Review Corp lifted its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 15.2% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 113,031 shares of the investment management company’s stock worth $2,574,000 after acquiring an additional 14,888 shares during the last quarter.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

RNP opened at $21.31 on Monday. The business has a fifty day moving average of $22.17 and a 200 day moving average of $21.87. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 52-week low of $19.00 and a 52-week high of $23.88.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be issued a dividend of $0.136 per share. The ex-dividend date is Tuesday, December 9th. This represents a c) dividend on an annualized basis and a yield of 7.7%.

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.