Koshinski Asset Management Inc. Purchases 1,637 Shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Koshinski Asset Management Inc. lifted its holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 2.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,234 shares of the investment management company’s stock after acquiring an additional 1,637 shares during the period. Koshinski Asset Management Inc.’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $1,426,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in RNP. EverSource Wealth Advisors LLC bought a new stake in Cohen & Steers REIT and Preferred Income Fund in the second quarter worth approximately $61,000. Annex Advisory Services LLC bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the 3rd quarter valued at $209,000. D.A. Davidson & CO. acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the third quarter valued at about $216,000. Lakeridge Wealth Management LLC acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter worth approximately $231,000. Finally, Moloney Securities Asset Management LLC acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the third quarter worth approximately $236,000.

Cohen & Steers REIT and Preferred Income Fund Trading Up 1.6 %

Shares of RNP opened at $21.46 on Wednesday. The business’s fifty day moving average is $21.72 and its 200 day moving average is $22.38. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 12-month low of $18.77 and a 12-month high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.136 per share. This is a boost from Cohen & Steers REIT and Preferred Income Fund’s previous dividend of $0.12. This represents a dividend yield of 8.01%. The ex-dividend date is Tuesday, January 14th.

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.