XML Financial LLC Has $11.09 Million Holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. $RNP

XML Financial LLC lifted its position in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 34.5% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 561,075 shares of the investment management company’s stock after purchasing an additional 144,035 shares during the quarter. Cohen & Steers REIT and Preferred Income Fund accounts for 0.9% of XML Financial LLC’s investment portfolio, making the stock its 29th largest holding. XML Financial LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $11,087,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Heritage Wealth Advisors acquired a new stake in Cohen & Steers REIT and Preferred Income Fund in the 4th quarter valued at $35,000. Murphy Middleton Hinkle & Parker Inc. bought a new position in shares of Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at $59,000. US Bancorp DE increased its position in shares of Cohen & Steers REIT and Preferred Income Fund by 182.1% during the third quarter. US Bancorp DE now owns 3,557 shares of the investment management company’s stock worth $80,000 after acquiring an additional 2,296 shares in the last quarter. Triumph Capital Management bought a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the third quarter worth about $109,000. Finally, Fifth Third Bancorp raised its holdings in shares of Cohen & Steers REIT and Preferred Income Fund by 10.1% in the 3rd quarter. Fifth Third Bancorp now owns 9,913 shares of the investment management company’s stock worth $223,000 after acquiring an additional 913 shares during the last quarter.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

RNP opened at $19.98 on Monday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a fifty-two week low of $19.27 and a fifty-two week high of $22.99. The company’s 50-day moving average is $20.76 and its 200 day moving average is $20.53.

Cohen & Steers REIT and Preferred Income Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be issued a dividend of $0.136 per share. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Tuesday, June 9th.

About Cohen & Steers REIT and Preferred Income Fund

Cohen & Steers® REIT and Preferred Income Fund, Inc (NYSE: RNP) is a closed-end management investment company that seeks to provide current income and, to a lesser extent, capital appreciation. The Fund pursues its objectives by investing primarily in equity real estate investment trusts (REITs) and preferred securities issued by U.S. and non-U.S. real estate companies. It employs a research-driven, bottom-up selection process to identify securities that offer attractive income yields while seeking to manage downside risk through diversification across sectors and geographies.

In its equity portfolio, the Fund typically holds shares of publicly traded REITs spanning property types such as industrial, office, retail, residential and specialty real estate.