Bartlett & CO. Wealth Management LLC Has $1.20 Million Holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Bartlett & CO. Wealth Management LLC decreased its position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 3.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,525 shares of the investment management company’s stock after selling 1,800 shares during the quarter. Bartlett & CO. Wealth Management LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $1,202,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. HighTower Advisors LLC raised its position in Cohen & Steers REIT and Preferred Income Fund by 37.9% in the 3rd quarter. HighTower Advisors LLC now owns 21,406 shares of the investment management company’s stock valued at $507,000 after buying an additional 5,883 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 10.3% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 12,804 shares of the investment management company’s stock worth $303,000 after acquiring an additional 1,198 shares in the last quarter. Stifel Financial Corp acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the third quarter valued at approximately $271,000. Cetera Investment Advisers lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund by 14.7% in the second quarter. Cetera Investment Advisers now owns 93,270 shares of the investment management company’s stock worth $1,900,000 after purchasing an additional 11,958 shares in the last quarter. Finally, Creative Planning acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the third quarter worth $258,000.

Cohen & Steers REIT and Preferred Income Fund Stock Down 0.1 %

Cohen & Steers REIT and Preferred Income Fund stock opened at $21.35 on Friday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1-year low of $18.77 and a 1-year high of $24.41. The company has a fifty day simple moving average of $21.68 and a 200 day simple moving average of $22.36.

Cohen & Steers REIT and Preferred Income Fund Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a $0.136 dividend. This is a boost from Cohen & Steers REIT and Preferred Income Fund’s previous dividend of $0.12. The ex-dividend date of this dividend is Tuesday, January 14th. This represents a dividend yield of 8.01%.

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.