Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) Shares Acquired by Wells Fargo & Company MN

Wells Fargo & Company MN lifted its stake in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 223.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 24,041 shares of the company’s stock after acquiring an additional 16,604 shares during the quarter. Wells Fargo & Company MN’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $475,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Baldwin Wealth Partners LLC MA lifted its stake in Cohen & Steers Select Preferred and Income Fund by 14.3% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 171,734 shares of the company’s stock worth $3,395,000 after acquiring an additional 21,420 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Cohen & Steers Select Preferred and Income Fund during the fourth quarter worth about $2,673,000. Kestra Private Wealth Services LLC boosted its stake in shares of Cohen & Steers Select Preferred and Income Fund by 13.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 81,673 shares of the company’s stock valued at $1,615,000 after purchasing an additional 9,796 shares during the period. LPL Financial LLC grew its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 2.0% in the fourth quarter. LPL Financial LLC now owns 67,372 shares of the company’s stock valued at $1,332,000 after purchasing an additional 1,326 shares in the last quarter. Finally, WealthBridge Capital Management LLC increased its stake in Cohen & Steers Select Preferred and Income Fund by 4.8% during the 4th quarter. WealthBridge Capital Management LLC now owns 27,110 shares of the company’s stock worth $536,000 after buying an additional 1,250 shares during the period.

Cohen & Steers Select Preferred and Income Fund Price Performance

Shares of PSF stock opened at $19.36 on Friday. The firm has a 50 day moving average of $19.51 and a two-hundred day moving average of $19.97. Cohen & Steers Select Preferred and Income Fund, Inc. has a 52 week low of $17.93 and a 52 week high of $21.60.

Cohen & Steers Select Preferred and Income Fund Cuts Dividend

The company also recently disclosed a — dividend, which will be paid on Monday, June 30th. Shareholders of record on Tuesday, June 10th will be given a $0.126 dividend. This represents a dividend yield of 7.6%. The ex-dividend date of this dividend is Tuesday, June 10th.

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.