Bank of America Corp DE grew its holdings in Cohen & Steers Reit & Pfd Icm Fd Inc (NYSE:RNP) by 0.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 471,018 shares of the investment management company’s stock after buying an additional 716 shares during the period. Bank of America Corp DE’s holdings in Cohen & Steers Reit & Pfd Icm Fd were worth $9,006,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also added to or reduced their stakes in RNP. Kore Private Wealth LLC increased its stake in shares of Cohen & Steers Reit & Pfd Icm Fd by 100.0% during the second quarter. Kore Private Wealth LLC now owns 2,000 shares of the investment management company’s stock worth $38,000 after purchasing an additional 1,000 shares during the period. Arkadios Wealth Advisors increased its stake in shares of Cohen & Steers Reit & Pfd Icm Fd by 44.1% during the first quarter. Arkadios Wealth Advisors now owns 2,450 shares of the investment management company’s stock worth $39,000 after purchasing an additional 750 shares during the period. Steward Partners Investment Advisory LLC increased its stake in shares of Cohen & Steers Reit & Pfd Icm Fd by 24.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 10,176 shares of the investment management company’s stock worth $195,000 after purchasing an additional 1,968 shares during the period. RMB Capital Management LLC bought a new position in shares of Cohen & Steers Reit & Pfd Icm Fd during the second quarter worth approximately $237,000. Finally, Advisory Services Network LLC increased its stake in shares of Cohen & Steers Reit & Pfd Icm Fd by 63.1% during the second quarter. Advisory Services Network LLC now owns 14,713 shares of the investment management company’s stock worth $281,000 after purchasing an additional 5,693 shares during the period.
Cohen & Steers Reit & Pfd Icm Fd stock opened at $20.25 on Friday. The stock’s fifty day moving average price is $19.96 and its two-hundred day moving average price is $18.57. Cohen & Steers Reit & Pfd Icm Fd Inc has a one year low of $10.15 and a one year high of $25.35.
The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Wednesday, September 16th will be paid a dividend of $0.124 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.49 dividend on an annualized basis and a yield of 7.35%.
Cohen & Steers Reit & Pfd Icm 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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