Johnson Financial Group Inc. Sells 3,592 Shares of Cohen & Steers REIT and Preferred Income Fund, Inc. $RNP

Johnson Financial Group Inc. decreased its position in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 2.3% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 155,793 shares of the investment management company’s stock after selling 3,592 shares during the quarter. Johnson Financial Group Inc.’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $3,547,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. Steward Partners Investment Advisory LLC raised its holdings in Cohen & Steers REIT and Preferred Income Fund by 4.4% during the second quarter. Steward Partners Investment Advisory LLC now owns 30,125 shares of the investment management company’s stock valued at $686,000 after acquiring an additional 1,276 shares during the period. Intellus Advisors LLC grew its position in shares of Cohen & Steers REIT and Preferred Income Fund by 5.2% during the second quarter. Intellus Advisors LLC now owns 9,721 shares of the investment management company’s stock worth $221,000 after purchasing an additional 482 shares in the last quarter. WealthBridge Capital Management LLC raised its stake in Cohen & Steers REIT and Preferred Income Fund by 3.5% during the 2nd quarter. WealthBridge Capital Management LLC now owns 21,950 shares of the investment management company’s stock valued at $500,000 after purchasing an additional 750 shares during the period. AlphaCore Capital LLC raised its stake in Cohen & Steers REIT and Preferred Income Fund by 10.1% during the 2nd quarter. AlphaCore Capital LLC now owns 33,997 shares of the investment management company’s stock valued at $774,000 after purchasing an additional 3,108 shares during the period. Finally, Samalin Investment Counsel LLC lifted its holdings in Cohen & Steers REIT and Preferred Income Fund by 4.1% in the 2nd quarter. Samalin Investment Counsel LLC now owns 45,167 shares of the investment management company’s stock worth $1,028,000 after purchasing an additional 1,776 shares in the last quarter.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

RNP stock opened at $20.63 on Thursday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1-year low of $19.00 and a 1-year high of $23.50. The business has a 50 day simple moving average of $21.44 and a two-hundred day simple moving average of $21.90.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The business 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 dividend of $0.136 per share. The ex-dividend date is Tuesday, December 9th. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%.

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.