EP Wealth Advisors LLC Purchases New Position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

EP Wealth Advisors LLC acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 10,751 shares of the investment management company’s stock, valued at approximately $254,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in RNP. International Assets Investment Management LLC boosted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 2,232.8% in the 3rd quarter. International Assets Investment Management LLC now owns 322,930 shares of the investment management company’s stock valued at $7,644,000 after purchasing an additional 309,087 shares during the period. Consolidated Portfolio Review Corp grew its position in shares of Cohen & Steers REIT and Preferred Income Fund by 400.9% during the second quarter. Consolidated Portfolio Review Corp now owns 85,809 shares of the investment management company’s stock worth $1,748,000 after acquiring an additional 68,679 shares during the last quarter. Ellis Investment Partners LLC increased its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 4.8% in the 2nd quarter. Ellis Investment Partners LLC now owns 1,273,570 shares of the investment management company’s stock valued at $25,943,000 after acquiring an additional 58,729 shares during the period. Investment Planning Advisors Inc. purchased a new stake in Cohen & Steers REIT and Preferred Income Fund in the 2nd quarter valued at $928,000. Finally, Hennion & Walsh Asset Management Inc. acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter worth $691,000.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

NYSE RNP opened at $21.83 on Friday. The firm’s fifty day moving average is $22.97 and its two-hundred day moving average is $22.21. Cohen & Steers REIT and Preferred Income Fund, Inc. has a one year low of $18.77 and a one year high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Tuesday, December 10th will be given a $0.136 dividend. This represents a $1.63 annualized dividend and a yield of 7.48%. The ex-dividend date is Tuesday, December 10th.

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.