Koshinski Asset Management Inc. Acquires 6,450 Shares of Cohen & Steers REIT and Preferred Income Fund, Inc. $RNP

Koshinski Asset Management Inc. raised its holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 8.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 79,709 shares of the investment management company’s stock after acquiring an additional 6,450 shares during the period. Koshinski Asset Management Inc.’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $1,815,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. raised its stake in Cohen & Steers REIT and Preferred Income Fund by 86.3% in the first quarter. Raymond James Financial Inc. now owns 691,946 shares of the investment management company’s stock valued at $15,271,000 after purchasing an additional 320,617 shares in the last quarter. XML Financial LLC raised its position in shares of Cohen & Steers REIT and Preferred Income Fund by 810.1% during the 1st quarter. XML Financial LLC now owns 221,362 shares of the investment management company’s stock valued at $4,885,000 after buying an additional 197,038 shares in the last quarter. Venture Visionary Partners LLC raised its position in shares of Cohen & Steers REIT and Preferred Income Fund by 98.9% during the 1st quarter. Venture Visionary Partners LLC now owns 79,344 shares of the investment management company’s stock valued at $1,751,000 after buying an additional 39,454 shares in the last quarter. Harbour Investments Inc. lifted its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 40.6% during the 2nd quarter. Harbour Investments Inc. now owns 119,704 shares of the investment management company’s stock worth $2,726,000 after acquiring an additional 34,546 shares during the last quarter. Finally, AlphaCore Capital LLC purchased a new position in Cohen & Steers REIT and Preferred Income Fund in the first quarter worth $682,000.

Cohen & Steers REIT and Preferred Income Fund Price Performance

RNP opened at $21.51 on Friday. The business’s fifty day simple moving average is $22.11 and its 200 day simple moving average is $21.86. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 52 week low of $19.00 and a 52 week high of $23.86.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be given a $0.136 dividend. The ex-dividend date is Tuesday, December 9th. This represents a c) dividend on an annualized basis and a yield of 7.6%.

About Cohen & Steers REIT and Preferred Income Fund

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.