Bartlett & CO. Wealth Management LLC Sells 1,800 Shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Bartlett & CO. Wealth Management LLC reduced its position in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 3.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 57,525 shares of the investment management company’s stock after selling 1,800 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $1,202,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. XML Financial LLC raised its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 16.0% in the 4th quarter. XML Financial LLC now owns 24,324 shares of the investment management company’s stock valued at $508,000 after purchasing an additional 3,347 shares during the period. Monterey Private Wealth Inc. bought a new stake in Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at approximately $207,000. Koshinski Asset Management Inc. lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 2.5% in the fourth quarter. Koshinski Asset Management Inc. now owns 68,234 shares of the investment management company’s stock valued at $1,426,000 after buying an additional 1,637 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 78.8% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 52,192 shares of the investment management company’s stock worth $1,091,000 after acquiring an additional 23,010 shares during the period. Finally, EP Wealth Advisors LLC acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter worth approximately $254,000.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

RNP opened at $21.35 on Friday. The stock’s fifty day simple moving average is $21.68 and its 200 day simple moving average is $22.36. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1-year low of $18.77 and a 1-year high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a $0.136 dividend. This is a boost from Cohen & Steers REIT and Preferred Income Fund’s previous dividend of $0.12. This represents a 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.