Wells Fargo & Company MN raised its position in shares of Cohen & Steers REIT/Pfd Inc Fd (NYSE:RNP) by 5.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 894,917 shares of the investment management company’s stock after buying an additional 47,512 shares during the period. Wells Fargo & Company MN owned about 1.88% of Cohen & Steers REIT/Pfd Inc Fd worth $18,973,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in RNP. Advisors Asset Management Inc. boosted its position in Cohen & Steers REIT/Pfd Inc Fd by 208.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 222,691 shares of the investment management company’s stock valued at $4,721,000 after buying an additional 150,422 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in Cohen & Steers REIT/Pfd Inc Fd by 24.0% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 121,403 shares of the investment management company’s stock valued at $2,574,000 after buying an additional 23,492 shares during the period. WESPAC Advisors LLC lifted its position in shares of Cohen & Steers REIT/Pfd Inc Fd by 53.9% in the 3rd quarter. WESPAC Advisors LLC now owns 58,297 shares of the investment management company’s stock worth $1,236,000 after purchasing an additional 20,412 shares during the period. First Trust Advisors LP lifted its position in shares of Cohen & Steers REIT/Pfd Inc Fd by 17.9% in the 2nd quarter. First Trust Advisors LP now owns 124,114 shares of the investment management company’s stock worth $2,579,000 after purchasing an additional 18,888 shares during the period. Finally, Sheaff Brock Investment Advisors LLC purchased a new stake in shares of Cohen & Steers REIT/Pfd Inc Fd in the 2nd quarter worth about $265,000.

In related news, Director Nolan Allan Watson bought 100,000 shares of the company’s stock in a transaction dated Tuesday, December 5th. The stock was purchased at an average cost of $1.01 per share, with a total value of $101,000.00. Over the last ninety days, insiders bought 427,000 shares of company stock valued at $143,510.

Shares of Cohen & Steers REIT/Pfd Inc Fd (NYSE RNP) opened at $20.72 on Wednesday. Cohen & Steers REIT/Pfd Inc Fd has a 12-month low of $18.72 and a 12-month high of $21.98.

The business also recently announced a monthly dividend, which was paid on Thursday, November 30th. Stockholders of record on Wednesday, November 15th were given a $0.124 dividend. The ex-dividend date of this dividend was Tuesday, November 14th. This represents a $1.49 annualized dividend and a dividend yield of 7.18%.

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Cohen & Steers REIT/Pfd Inc Fd Company Profile

Cohen & Steers REIT and Preferred Income Fund, Inc (the Fund) is a diversified, closed-end management investment fund. The Fund’s investment objective is high current income through investment in real estate and diversified preferred securities. The secondary investment objective is capital appreciation.

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Institutional Ownership by Quarter for Cohen & Steers REIT/Pfd Inc Fd (NYSE:RNP)

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