127,226 Shares in Cohen & Steers REIT and Preferred Income Fund, Inc. $RNP Acquired by Wolverine Asset Management LLC

Wolverine Asset Management LLC acquired a new position in Cohen & Steers REIT and Preferred Income Fund, Inc. (NYSE:RNP) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 127,226 shares of the investment management company’s stock, valued at approximately $2,527,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in RNP. WealthBridge Capital Management LLC lifted its position in Cohen & Steers REIT and Preferred Income Fund by 2.3% in the third quarter. WealthBridge Capital Management LLC now owns 22,450 shares of the investment management company’s stock worth $505,000 after purchasing an additional 500 shares during the period. Fifth Third Bancorp lifted its position in Cohen & Steers REIT and Preferred Income Fund by 10.1% in the third quarter. Fifth Third Bancorp now owns 9,913 shares of the investment management company’s stock worth $223,000 after purchasing an additional 913 shares during the period. PNC Financial Services Group Inc. lifted its position in Cohen & Steers REIT and Preferred Income Fund by 8.3% in the third quarter. PNC Financial Services Group Inc. now owns 14,934 shares of the investment management company’s stock worth $336,000 after purchasing an additional 1,145 shares during the period. Global Retirement Partners LLC acquired a new stake in Cohen & Steers REIT and Preferred Income Fund in the third quarter worth approximately $38,000. Finally, Smith Asset Management Co. LLC lifted its position in Cohen & Steers REIT and Preferred Income Fund by 6.4% in the third quarter. Smith Asset Management Co. LLC now owns 30,865 shares of the investment management company’s stock worth $694,000 after purchasing an additional 1,845 shares during the period.

Cohen & Steers REIT and Preferred Income Fund Stock Performance

RNP opened at $20.94 on Tuesday. Cohen & Steers REIT and Preferred Income Fund, Inc. has a 1-year low of $19.27 and a 1-year high of $22.99. The business has a 50 day moving average price of $20.73 and a two-hundred day moving average price of $20.60.

Cohen & Steers REIT and Preferred Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a $0.136 dividend. This represents a c) dividend on an annualized basis and a yield of 7.8%. The ex-dividend date 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.