TFG Advisers LLC Has $256,000 Stake in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

TFG Advisers LLC reduced its holdings in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 8.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 12,590 shares of the investment management company’s stock after selling 1,107 shares during the period. TFG Advisers LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $256,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Fairman Group LLC acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the 4th quarter valued at about $45,000. Parallel Advisors LLC boosted its stake in Cohen & Steers REIT and Preferred Income Fund by 133,333.3% during the 4th quarter. Parallel Advisors LLC now owns 4,003 shares of the investment management company’s stock valued at $81,000 after purchasing an additional 4,000 shares during the last quarter. XML Financial LLC acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the 2nd quarter valued at about $230,000. WealthBridge Capital Management LLC acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the 1st quarter valued at about $239,000. Finally, Future Financial Wealth Managment LLC acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the 1st quarter valued at about $239,000.

Cohen & Steers REIT and Preferred Income Fund Price Performance

RNP stock traded up $0.04 during mid-day trading on Monday, reaching $23.19. 112,205 shares of the company traded hands, compared to its average volume of 105,454. Cohen & Steers REIT and Preferred Income Fund, Inc. has a fifty-two week low of $15.52 and a fifty-two week high of $23.30. The firm’s 50 day moving average price is $21.27 and its 200 day moving average price is $20.60.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Tuesday, September 10th will be paid a $0.136 dividend. The ex-dividend date of this dividend is Tuesday, September 10th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 7.04%.

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.