Cohen & Steers REIT and Preferred Income Fund, Inc. $RNP Shares Purchased by Ellis Investment Partners LLC

Ellis Investment Partners LLC increased its holdings in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 2.9% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,341,379 shares of the investment management company’s stock after purchasing an additional 37,913 shares during the period. Cohen & Steers REIT and Preferred Income Fund makes up 3.7% of Ellis Investment Partners LLC’s portfolio, making the stock its 6th biggest position. Ellis Investment Partners LLC’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $25,017,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Integrated Wealth Concepts LLC acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund during the 2nd quarter worth about $44,000. Ameritas Advisory Services LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund during the 2nd quarter valued at $218,000. NWF Advisory Services Inc. acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the second quarter valued at $233,000. XML Financial LLC lifted its position in Cohen & Steers REIT and Preferred Income Fund by 6.7% during the 2nd quarter. XML Financial LLC now owns 598,747 shares of the investment management company’s stock worth $12,155,000 after buying an additional 37,672 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of Cohen & Steers REIT and Preferred Income Fund by 9.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 16,123 shares of the investment management company’s stock worth $327,000 after acquiring an additional 1,395 shares during the last quarter.

Cohen & Steers REIT and Preferred Income Fund Stock Down 0.6%

NYSE:RNP traded down $0.12 during trading hours on Wednesday, hitting $18.39. 50,098 shares of the stock were exchanged, compared to its average volume of 122,573. Cohen & Steers REIT and Preferred Income Fund, Inc. has a twelve month low of $18.01 and a twelve month high of $21.88. The company’s 50 day moving average is $19.44 and its two-hundred day moving average is $20.22.

Cohen & Steers REIT and Preferred Income Fund Company Profile

Cohen & Steers REIT and Preferred Income Fund (NYSE: RNP) is a closed-end investment fund managed by Cohen & Steers Capital Management. The fund seeks to provide high current income and capital appreciation by investing primarily in real estate investment trusts (REITs), other real estate companies, and preferred securities.

RNP’s portfolio may include common and preferred stocks of companies involved in the ownership, development, management, and financing of commercial and residential real estate.