Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) Shares Sold by Atlantic Union Bankshares Corp

Atlantic Union Bankshares Corp lessened its stake in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 7.7% in the 4th quarter, Holdings Channel reports. The firm owned 71,294 shares of the investment management company’s stock after selling 5,950 shares during the period. Atlantic Union Bankshares Corp’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $1,437,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. NBC Securities Inc. acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter worth about $46,000. Manchester Capital Management LLC acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter worth about $69,000. Comerica Bank purchased a new stake in Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter valued at about $74,000. JPMorgan Chase & Co. purchased a new stake in Cohen & Steers REIT and Preferred Income Fund during the 2nd quarter valued at about $96,000. Finally, McGlone Suttner Wealth Management Inc. purchased a new stake in Cohen & Steers REIT and Preferred Income Fund during the 4th quarter valued at about $104,000.

Cohen & Steers REIT and Preferred Income Fund Stock Up 1.2 %

NYSE RNP traded up $0.24 during trading hours on Friday, hitting $21.03. 191,875 shares of the company’s stock traded hands, compared to its average volume of 115,662. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 52-week low of $15.52 and a 52-week high of $21.27. The firm’s 50-day moving average is $20.40 and its 200-day moving average is $19.00.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Tuesday, June 11th will be paid a dividend of $0.136 per share. The ex-dividend date of this dividend is Tuesday, June 11th. This represents a $1.63 annualized dividend and a yield of 7.76%.

Cohen & Steers REIT and Preferred Income Fund 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.