Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) Trading Up 0.5% – What’s Next?

Shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) shot up 0.5% during mid-day trading on Monday . The stock traded as high as $19.17 and last traded at $19.05. 110,103 shares were traded during trading, a decline of 27% from the average session volume of 151,106 shares. The stock had previously closed at $18.96.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Stock Performance

The stock has a 50-day moving average price of $19.59 and a 200 day moving average price of $19.77.

Institutional Trading of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Global Retirement Partners LLC acquired a new position in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 4th quarter worth approximately $32,000. Closed End Fund Advisors Inc. acquired a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 4th quarter valued at $225,000. RFG Advisory LLC increased its holdings in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 3.9% in the 4th quarter. RFG Advisory LLC now owns 26,935 shares of the company’s stock worth $520,000 after acquiring an additional 1,020 shares in the last quarter. Oppenheimer & Co. Inc. increased its holdings in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 1.2% in the 4th quarter. Oppenheimer & Co. Inc. now owns 49,262 shares of the company’s stock worth $951,000 after acquiring an additional 595 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new position in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the fourth quarter worth $562,000.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Company Profile

The Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE: PTA) is a closed-end management investment company that seeks to provide high levels of after-tax total return. The fund pursues this objective primarily through investments in tax-advantaged preferred securities and other income-oriented instruments. Listed on the New York Stock Exchange, PTA offers investors access to a diversified portfolio of income-producing assets managed by a dedicated team of fixed-income specialists.