International Assets Investment Management LLC lessened its position in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Free Report) by 81.3% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 15,160 shares of the investment management company’s stock after selling 65,936 shares during the period. International Assets Investment Management LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $296,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Penserra Capital Management LLC acquired a new position in shares of Cohen & Steers REIT and Preferred Income Fund during the 1st quarter worth $5,700,000. Ellis Investment Partners LLC grew its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 19.7% during the 4th quarter. Ellis Investment Partners LLC now owns 912,789 shares of the investment management company’s stock valued at $18,603,000 after purchasing an additional 150,008 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 9.7% during the 4th quarter. Bank of America Corp DE now owns 746,946 shares of the investment management company’s stock valued at $15,223,000 after purchasing an additional 65,963 shares during the last quarter. FourThought Financial Partners LLC bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the 4th quarter valued at approximately $1,250,000. Finally, RFG Advisory LLC bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the 4th quarter valued at approximately $974,000.
Cohen & Steers REIT and Preferred Income Fund Stock Performance
Shares of RNP stock opened at $19.20 on Tuesday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a twelve month low of $17.40 and a twelve month high of $25.67. The stock’s fifty day simple moving average is $18.40 and its 200 day simple moving average is $19.95.
Cohen & Steers REIT and Preferred Income Fund Announces Dividend
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.
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