LPL Financial LLC Trims Stock Position in Cohen & Steers Select Preferred and Income Fund, Inc. $PSF

LPL Financial LLC lowered its stake in shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 3.4% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 65,107 shares of the company’s stock after selling 2,265 shares during the period. LPL Financial LLC’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $1,301,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of PSF. Wells Fargo & Company MN raised its stake in shares of Cohen & Steers Select Preferred and Income Fund by 223.3% during the 4th quarter. Wells Fargo & Company MN now owns 24,041 shares of the company’s stock valued at $475,000 after buying an additional 16,604 shares during the last quarter. Invesco Ltd. raised its stake in shares of Cohen & Steers Select Preferred and Income Fund by 15.8% during the 4th quarter. Invesco Ltd. now owns 163,037 shares of the company’s stock valued at $3,223,000 after buying an additional 22,304 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Cohen & Steers Select Preferred and Income Fund during the 4th quarter valued at about $2,673,000. Walleye Capital LLC purchased a new position in shares of Cohen & Steers Select Preferred and Income Fund during the 4th quarter valued at about $206,000. Finally, Comerica Bank raised its stake in shares of Cohen & Steers Select Preferred and Income Fund by 35.9% during the 4th quarter. Comerica Bank now owns 4,679 shares of the company’s stock valued at $93,000 after buying an additional 1,235 shares during the last quarter.

Cohen & Steers Select Preferred and Income Fund Trading Up 0.7%

NYSE PSF opened at $20.42 on Friday. The stock has a 50-day simple moving average of $20.25 and a two-hundred day simple moving average of $19.85. Cohen & Steers Select Preferred and Income Fund, Inc. has a fifty-two week low of $17.93 and a fifty-two week high of $21.60.

Cohen & Steers Select Preferred and Income Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, August 29th. Shareholders of record on Wednesday, August 13th will be paid a dividend of $0.126 per share. The ex-dividend date is Tuesday, August 12th. This represents a dividend yield of 737.0%.

About Cohen & Steers Select Preferred and Income Fund

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.