Future Financial Wealth Managment LLC Has $1.15 Million Holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. $RNP

Future Financial Wealth Managment LLC grew its stake in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 387.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 57,328 shares of the investment management company’s stock after buying an additional 45,578 shares during the quarter. Cohen & Steers REIT and Preferred Income Fund accounts for about 0.8% of Future Financial Wealth Managment LLC’s investment portfolio, making the stock its 24th biggest holding. Future Financial Wealth Managment LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $1,153,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. WealthBridge Capital Management LLC boosted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 2.3% in the third quarter. WealthBridge Capital Management LLC now owns 22,450 shares of the investment management company’s stock valued at $505,000 after buying an additional 500 shares during the period. Secure Asset Management LLC boosted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 2.7% in the third quarter. Secure Asset Management LLC now owns 25,824 shares of the investment management company’s stock valued at $577,000 after buying an additional 681 shares during the period. Fifth Third Bancorp boosted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 10.1% in the third quarter. Fifth Third Bancorp now owns 9,913 shares of the investment management company’s stock valued at $223,000 after buying an additional 913 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 8.3% in the third quarter. PNC Financial Services Group Inc. now owns 14,934 shares of the investment management company’s stock valued at $336,000 after buying an additional 1,145 shares during the period. Finally, Global Retirement Partners LLC acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the third quarter valued at approximately $38,000.

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

Cohen & Steers REIT and Preferred Income Fund stock opened at $20.27 on Tuesday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a twelve month low of $19.00 and a twelve month high of $22.99. The company has a 50 day moving average of $20.76 and a 200-day moving average of $20.76.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.136 per share. The ex-dividend date is Tuesday, June 9th. This represents a c) annualized dividend and a yield of 8.1%.

About Cohen & Steers REIT and Preferred Income Fund

Cohen & Steers® REIT and Preferred Income Fund, Inc (NYSE: RNP) is a closed-end management investment company that seeks to provide current income and, to a lesser extent, capital appreciation. The Fund pursues its objectives by investing primarily in equity real estate investment trusts (REITs) and preferred securities issued by U.S. and non-U.S. real estate companies. It employs a research-driven, bottom-up selection process to identify securities that offer attractive income yields while seeking to manage downside risk through diversification across sectors and geographies.

In its equity portfolio, the Fund typically holds shares of publicly traded REITs spanning property types such as industrial, office, retail, residential and specialty real estate.