IHT Wealth Management LLC Sells 6,296 Shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

IHT Wealth Management LLC cut its stake in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 39.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,824 shares of the investment management company’s stock after selling 6,296 shares during the quarter. IHT Wealth Management LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $205,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the 4th quarter valued at approximately $7,761,000. Stifel Financial Corp bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the 3rd quarter valued at approximately $271,000. Steward Partners Investment Advisory LLC grew its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 41.3% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 29,869 shares of the investment management company’s stock valued at $624,000 after purchasing an additional 8,733 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Cohen & Steers REIT and Preferred Income Fund by 0.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 137,585 shares of the investment management company’s stock worth $2,876,000 after buying an additional 706 shares during the period. Finally, D.A. Davidson & CO. boosted its position in Cohen & Steers REIT and Preferred Income Fund by 12.3% during the 4th quarter. D.A. Davidson & CO. now owns 10,254 shares of the investment management company’s stock worth $214,000 after buying an additional 1,125 shares during the period.

Cohen & Steers REIT and Preferred Income Fund Trading Up 0.9 %

NYSE:RNP opened at $21.19 on Tuesday. The firm’s 50 day simple moving average is $21.31 and its 200 day simple moving average is $21.81. Cohen & Steers REIT and Preferred Income Fund, Inc. has a one year low of $19.00 and a one year high of $24.41.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The firm also recently announced a — dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be given a dividend of $0.136 per share. The ex-dividend date of this dividend is Tuesday, June 10th. This represents a yield of 7.5%.

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.