Private Advisor Group LLC Invests $198,000 in Cohen & Steers REIT/Pfd Inc Fd (RNP)

Private Advisor Group LLC bought a new position in shares of Cohen & Steers REIT/Pfd Inc Fd (NYSE:RNP) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,144 shares of the investment management company’s stock, valued at approximately $198,000.

Several other large investors have also recently modified their holdings of RNP. Advisors Asset Management Inc. raised its position in shares of Cohen & Steers REIT/Pfd Inc Fd by 34.3% during the second quarter. Advisors Asset Management Inc. now owns 365,599 shares of the investment management company’s stock worth $7,100,000 after purchasing an additional 93,330 shares during the period. Mainstay Capital Management LLC ADV raised its position in shares of Cohen & Steers REIT/Pfd Inc Fd by 1,842.0% during the second quarter. Mainstay Capital Management LLC ADV now owns 58,260 shares of the investment management company’s stock worth $3,000,000 after purchasing an additional 55,260 shares during the period. Wells Fargo & Company MN raised its position in shares of Cohen & Steers REIT/Pfd Inc Fd by 6.2% during the second quarter. Wells Fargo & Company MN now owns 750,346 shares of the investment management company’s stock worth $14,571,000 after purchasing an additional 43,825 shares during the period. Raymond James & Associates raised its position in Cohen & Steers REIT/Pfd Inc Fd by 24.9% in the 2nd quarter. Raymond James & Associates now owns 173,946 shares of the investment management company’s stock valued at $3,378,000 after buying an additional 34,707 shares during the last quarter. Finally, Millennium Management LLC raised its position in Cohen & Steers REIT/Pfd Inc Fd by 193.9% in the 1st quarter. Millennium Management LLC now owns 49,575 shares of the investment management company’s stock valued at $927,000 after buying an additional 32,708 shares during the last quarter.

NYSE RNP opened at $18.60 on Monday. Cohen & Steers REIT/Pfd Inc Fd has a 12 month low of $17.80 and a 12 month high of $21.36.

The business also recently declared a monthly dividend, which will be paid on Monday, December 31st. Investors of record on Wednesday, December 19th will be given a $0.124 dividend. This represents a $1.49 dividend on an annualized basis and a yield of 8.00%. The ex-dividend date is Tuesday, December 18th.

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Cohen & Steers REIT/Pfd Inc Fd 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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Institutional Ownership by Quarter for Cohen & Steers REIT/Pfd Inc Fd (NYSE:RNP)

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