Raymond James & Associates Increases Stock Position in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF)

Raymond James & Associates boosted its position in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 5.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 89,315 shares of the company’s stock after buying an additional 4,807 shares during the period. Raymond James & Associates’ holdings in Cohen & Steers Select Preferred and Income Fund were worth $1,688,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. purchased a new stake in Cohen & Steers Select Preferred and Income Fund during the first quarter worth about $37,000. Worth Asset Management LLC purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund during the 1st quarter worth approximately $49,000. FMR LLC purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund during the 3rd quarter worth approximately $48,000. Comerica Bank purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund during the 3rd quarter worth approximately $142,000. Finally, Money Concepts Capital Corp purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund during the 4th quarter worth approximately $179,000.

Cohen & Steers Select Preferred and Income Fund Price Performance

Shares of NYSE:PSF opened at $18.80 on Thursday. The business’s 50 day simple moving average is $19.58 and its 200-day simple moving average is $19.02. Cohen & Steers Select Preferred and Income Fund, Inc. has a 12 month low of $16.00 and a 12 month high of $20.19.

Cohen & Steers Select Preferred and Income Fund Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 11th will be paid a dividend of $0.126 per share. This represents a $1.51 annualized dividend and a dividend yield of 8.04%. The ex-dividend date is Tuesday, June 11th.

Cohen & Steers Select Preferred and Income Fund Company Profile

Cohen & Steers Select Preferred and Income Fund, Inc is a closed ended fixed income mutual fund launched by Cohen & Steers Inc It is managed by Cohen & Steers Capital Management, Inc The fund invests in the fixed income markets across the globe. It also invests some portion of its portfolio in other open-end funds, closed-end funds, or exchange traded funds that invest primarily in preferred and/or debt securities.