Carroll Financial Associates Inc. acquired a new position in Cohen & Steers REIT/Pfd Inc Fd (NYSE:RNP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 109,141 shares of the investment management company’s stock, valued at approximately $1,988,000.

A number of other hedge funds also recently bought and sold shares of the stock. Advisors Asset Management Inc. lifted its holdings in Cohen & Steers REIT/Pfd Inc Fd by 9.4% in the third quarter. Advisors Asset Management Inc. now owns 399,954 shares of the investment management company’s stock worth $7,811,000 after purchasing an additional 34,355 shares during the period. Dubuque Bank & Trust Co. lifted its holdings in Cohen & Steers REIT/Pfd Inc Fd by 2.1% in the third quarter. Dubuque Bank & Trust Co. now owns 284,712 shares of the investment management company’s stock worth $5,560,000 after purchasing an additional 5,758 shares during the period. LPL Financial LLC lifted its holdings in Cohen & Steers REIT/Pfd Inc Fd by 5.4% in the third quarter. LPL Financial LLC now owns 206,913 shares of the investment management company’s stock worth $4,041,000 after purchasing an additional 10,643 shares during the period. First Trust Advisors LP lifted its holdings in Cohen & Steers REIT/Pfd Inc Fd by 8.1% in the third quarter. First Trust Advisors LP now owns 192,038 shares of the investment management company’s stock worth $3,751,000 after purchasing an additional 14,356 shares during the period. Finally, Raymond James & Associates lifted its holdings in Cohen & Steers REIT/Pfd Inc Fd by 24.9% in the second quarter. Raymond James & Associates now owns 173,946 shares of the investment management company’s stock worth $3,378,000 after purchasing an additional 34,707 shares during the period.

RNP stock traded up $0.14 during trading on Friday, hitting $18.63. The company had a trading volume of 1,394 shares, compared to its average volume of 145,771. Cohen & Steers REIT/Pfd Inc Fd has a fifty-two week low of $16.42 and a fifty-two week high of $20.33.

The business also recently disclosed a monthly dividend, which will be paid on Thursday, February 28th. Investors of record on Wednesday, February 13th will be issued a $0.124 dividend. This represents a $1.49 annualized dividend and a yield of 7.99%. The ex-dividend date of this dividend is Tuesday, February 12th.

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Cohen & Steers REIT/Pfd Inc Fd 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.

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

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