Harbour Investments Inc. Grows Stock Holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Harbour Investments Inc. lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 0.7% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 83,558 shares of the investment management company’s stock after purchasing an additional 544 shares during the period. Harbour Investments Inc.’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $1,978,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of RNP. XML Financial LLC increased its holdings in Cohen & Steers REIT and Preferred Income Fund by 85.6% during the 3rd quarter. XML Financial LLC now owns 20,977 shares of the investment management company’s stock valued at $497,000 after purchasing an additional 9,672 shares during the period. Moloney Securities Asset Management LLC purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the third quarter valued at approximately $236,000. Wealth Enhancement Advisory Services LLC increased its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 10.3% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 12,804 shares of the investment management company’s stock valued at $303,000 after buying an additional 1,198 shares during the period. Consolidated Portfolio Review Corp raised its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 2.0% during the third quarter. Consolidated Portfolio Review Corp now owns 87,548 shares of the investment management company’s stock valued at $2,072,000 after acquiring an additional 1,739 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. purchased a new stake in Cohen & Steers REIT and Preferred Income Fund in the third quarter worth $691,000.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

Shares of NYSE RNP opened at $22.58 on Thursday. The firm has a fifty day simple moving average of $23.35 and a two-hundred day simple moving average of $21.84. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 12 month low of $17.18 and a 12 month high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Tuesday, December 10th will be issued a dividend of $0.136 per share. This represents a $1.63 dividend on an annualized basis and a dividend yield of 7.23%. 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.