Oarsman Capital Inc. Sells 1,000 Shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP)

Oarsman Capital Inc. trimmed its position in shares of Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) by 2.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,000 shares of the investment management company’s stock after selling 1,000 shares during the quarter. Oarsman Capital Inc.’s holdings in Cohen & Steers REIT and Preferred Income Fund were worth $836,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Spire Wealth Management bought a new stake in Cohen & Steers REIT and Preferred Income Fund during the 4th quarter worth approximately $123,000. Geneos Wealth Management Inc. acquired a new stake in shares of Cohen & Steers REIT and Preferred Income Fund in the fourth quarter valued at $195,000. Monterey Private Wealth Inc. acquired a new position in Cohen & Steers REIT and Preferred Income Fund during the 4th quarter worth about $207,000. D.A. Davidson & CO. grew its holdings in Cohen & Steers REIT and Preferred Income Fund by 12.3% during the 4th quarter. D.A. Davidson & CO. now owns 10,254 shares of the investment management company’s stock worth $214,000 after acquiring an additional 1,125 shares during the last quarter. Finally, Landscape Capital Management L.L.C. acquired a new stake in Cohen & Steers REIT and Preferred Income Fund in the 4th quarter valued at about $221,000.

Cohen & Steers REIT and Preferred Income Fund Trading Down 4.6 %

Shares of RNP stock opened at $20.82 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 firm’s 50 day moving average is $21.80 and its 200-day moving average is $22.19.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The company also recently announced a — dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be paid a $0.136 dividend. The ex-dividend date is Tuesday, June 10th. This represents a dividend yield of 7.5%.

Cohen & Steers REIT and Preferred Income Fund 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.