Raymond James & Associates Buys 4,807 Shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF)

Raymond James & Associates boosted its stake in shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 5.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,315 shares of the company’s stock after buying an additional 4,807 shares during the quarter. 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 institutional investors and hedge funds also recently added to or reduced their stakes in the company. Baldwin Brothers LLC MA lifted its holdings in Cohen & Steers Select Preferred and Income Fund by 76.3% during 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 in the last quarter. UBS Group AG lifted its holdings in Cohen & Steers Select Preferred and Income Fund by 4.8% during 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 in the last quarter. Shaker Financial Services LLC bought a new stake in Cohen & Steers Select Preferred and Income Fund during the 3rd quarter valued at about $226,000. Kestra Private Wealth Services LLC lifted its holdings in Cohen & Steers Select Preferred and Income Fund by 193.4% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 36,448 shares of the company’s stock valued at $659,000 after buying an additional 24,025 shares in the last quarter. Finally, Guggenheim Capital LLC bought a new stake in shares of Cohen & Steers Select Preferred and Income Fund in the 1st quarter valued at about $307,000.

Cohen & Steers Select Preferred and Income Fund Stock Performance

NYSE:PSF opened at $18.80 on Thursday. Cohen & Steers Select Preferred and Income Fund, Inc. has a one year low of $16.00 and a one year high of $20.19. The firm has a 50-day simple moving average of $19.58 and a 200-day simple moving average of $19.02.

Cohen & Steers Select Preferred and Income Fund Announces Dividend

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

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.