Lincoln National Corp cut its stake in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP – Free Report) by 5.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 32,329 shares of the investment management company’s stock after selling 1,977 shares during the period. Lincoln National Corp’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $631,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of RNP. Belpointe Asset Management LLC purchased a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at $31,000. Signaturefd LLC purchased a new position in Cohen & Steers REIT and Preferred Income Fund in the 1st quarter valued at about $49,000. CoreCap Advisors LLC acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the fourth quarter valued at about $89,000. Ameritas Advisory Services LLC purchased a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the first quarter worth about $96,000. Finally, Private Trust Co. NA lifted its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 38.8% in the first quarter. Private Trust Co. NA now owns 7,219 shares of the investment management company’s stock worth $141,000 after acquiring an additional 2,019 shares in the last quarter.
Cohen & Steers REIT and Preferred Income Fund Stock Performance
Shares of NYSE RNP opened at $19.37 on Monday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a fifty-two week low of $17.40 and a fifty-two week high of $25.67. The business has a 50 day moving average price of $18.58 and a two-hundred day moving average price of $19.82.
Cohen & Steers REIT and Preferred Income Fund Announces Dividend
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.
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