Cohen & Steers REIT and Preferred Income Fund, Inc. $RNP Shares Bought by D.A. Davidson & CO.

D.A. Davidson & CO. raised its stake in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 4.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 10,754 shares of the investment management company’s stock after buying an additional 500 shares during the quarter. D.A. Davidson & CO.’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $245,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the stock. Bartlett & CO. Wealth Management LLC lifted its position in Cohen & Steers REIT and Preferred Income Fund by 1.4% in the second quarter. Bartlett & CO. Wealth Management LLC now owns 48,535 shares of the investment management company’s stock valued at $1,105,000 after buying an additional 650 shares during the last quarter. Moloney Securities Asset Management LLC lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 11.4% during the first quarter. Moloney Securities Asset Management LLC now owns 18,353 shares of the investment management company’s stock worth $405,000 after purchasing an additional 1,874 shares in the last quarter. Samalin Investment Counsel LLC lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 7.5% during the first quarter. Samalin Investment Counsel LLC now owns 43,391 shares of the investment management company’s stock worth $958,000 after purchasing an additional 3,043 shares in the last quarter. Oarsman Capital Inc. lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 10.0% during the first quarter. Oarsman Capital Inc. now owns 44,000 shares of the investment management company’s stock worth $971,000 after purchasing an additional 4,000 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 32.2% during the first quarter. Envestnet Asset Management Inc. now owns 17,402 shares of the investment management company’s stock worth $384,000 after purchasing an additional 4,238 shares in the last quarter.

Cohen & Steers REIT and Preferred Income Fund Price Performance

Shares of RNP opened at $21.40 on Friday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1 year low of $19.00 and a 1 year high of $23.58. The company’s 50-day simple moving average is $22.04 and its 200-day simple moving average is $21.94.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 9th will be given a dividend of $0.136 per share. This represents a c) annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, December 9th.

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.