RB Capital Management LLC Has $714,000 Stock Holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

RB Capital Management LLC lessened its position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 14.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 35,402 shares of the investment management company’s stock after selling 5,783 shares during the quarter. RB Capital Management LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $714,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. International Assets Investment Management LLC boosted its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 1,678.5% during the 4th quarter. International Assets Investment Management LLC now owns 279,075 shares of the investment management company’s stock worth $5,626,000 after acquiring an additional 263,383 shares during the period. Ellis Investment Partners LLC raised its holdings in Cohen & Steers REIT and Preferred Income Fund by 14.5% in the 4th quarter. Ellis Investment Partners LLC now owns 1,216,619 shares of the investment management company’s stock valued at $24,527,000 after acquiring an additional 153,967 shares in the last quarter. Campbell Capital Management Inc. acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the 4th quarter worth $1,241,000. Raymond James Financial Services Advisors Inc. raised its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 18.3% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 264,157 shares of the investment management company’s stock worth $5,325,000 after buying an additional 40,861 shares in the last quarter. Finally, Koshinski Asset Management Inc. raised its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 65.1% during the 4th quarter. Koshinski Asset Management Inc. now owns 86,614 shares of the investment management company’s stock worth $1,746,000 after buying an additional 34,141 shares in the last quarter.

Cohen & Steers REIT and Preferred Income Fund Price Performance

Shares of Cohen & Steers REIT and Preferred Income Fund stock traded up $0.16 during trading on Wednesday, reaching $19.59. 86,118 shares of the company’s stock were exchanged, compared to its average volume of 116,383. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1-year low of $15.52 and a 1-year high of $21.27. The firm’s 50-day moving average price is $20.28 and its 200 day moving average price is $19.42.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 11th will be issued a dividend of $0.136 per share. The ex-dividend date of this dividend is Tuesday, June 11th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 8.33%.

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.