International Assets Investment Management LLC Takes $759,000 Position in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF)

International Assets Investment Management LLC acquired a new position in shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 40,181 shares of the company’s stock, valued at approximately $759,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in PSF. Raymond James & Associates increased its holdings in Cohen & Steers Select Preferred and Income Fund by 8.3% during the 3rd quarter. Raymond James & Associates now owns 84,508 shares of the company’s stock worth $1,529,000 after purchasing an additional 6,450 shares in the last quarter. Shaker Financial Services LLC acquired a new position in shares of Cohen & Steers Select Preferred and Income Fund during the third quarter worth about $226,000. Kestra Private Wealth Services LLC grew its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 193.4% during the third quarter. Kestra Private Wealth Services LLC now owns 36,448 shares of the company’s stock worth $659,000 after buying an additional 24,025 shares in the last quarter. UBS Group AG raised its position in Cohen & Steers Select Preferred and Income Fund by 4.8% in the 3rd quarter. UBS Group AG now owns 259,557 shares of the company’s stock valued at $4,695,000 after buying an additional 11,899 shares during the last quarter. Finally, Baldwin Brothers LLC MA raised its position in Cohen & Steers Select Preferred and Income Fund by 76.3% in the 4th quarter. Baldwin Brothers LLC MA now owns 113,799 shares of the company’s stock valued at $2,151,000 after buying an additional 49,250 shares during the last quarter.

Cohen & Steers Select Preferred and Income Fund Stock Up 0.6 %

NYSE:PSF opened at $19.04 on Wednesday. Cohen & Steers Select Preferred and Income Fund, Inc. has a twelve month low of $16.00 and a twelve month high of $20.19. The business has a 50 day moving average price of $19.52 and a two-hundred day moving average price of $19.06.

Cohen & Steers Select Preferred and Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Tuesday, June 11th will be issued a dividend of $0.126 per share. This represents a $1.51 annualized dividend and a yield of 7.94%. The ex-dividend date is Tuesday, June 11th.

Cohen & Steers Select Preferred and Income Fund 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.