XML Financial LLC Has $12.15 Million Holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. $RNP

XML Financial LLC increased its holdings in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 6.7% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 598,747 shares of the investment management company’s stock after acquiring an additional 37,672 shares during the quarter. XML Financial LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $12,155,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of RNP. Heritage Wealth Advisors bought a new stake in Cohen & Steers REIT and Preferred Income Fund in the 4th quarter valued at about $35,000. Keating Financial Advisory Services Inc. bought a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the second quarter worth approximately $77,000. US Bancorp DE increased its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 182.1% during the third quarter. US Bancorp DE now owns 3,557 shares of the investment management company’s stock worth $80,000 after purchasing an additional 2,296 shares during the period. Triumph Capital Management acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the third quarter valued at approximately $109,000. Finally, Cornerstone Wealth Management LLC raised its position in shares of Cohen & Steers REIT and Preferred Income Fund by 14.4% in the fourth quarter. Cornerstone Wealth Management LLC now owns 10,693 shares of the investment management company’s stock valued at $212,000 after buying an additional 1,347 shares in the last quarter.

Cohen & Steers REIT and Preferred Income Fund Trading Up 0.2%

Shares of RNP stock opened at $20.18 on Wednesday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1 year low of $19.27 and a 1 year high of $22.58. The stock has a 50 day simple moving average of $20.49 and a 200 day simple moving average of $20.67.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.136 per share. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Tuesday, September 8th.

Cohen & Steers REIT and Preferred Income Fund Company Profile

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.