Cohen & Steers Select Preferred and Income Fund, Inc. $PSF Shares Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC lifted its holdings in shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 94.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 87,543 shares of the company’s stock after buying an additional 42,484 shares during the quarter. Sanctuary Advisors LLC’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $1,775,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the business. Invesco Ltd. boosted its stake in shares of Cohen & Steers Select Preferred and Income Fund by 9.1% during the second quarter. Invesco Ltd. now owns 190,660 shares of the company’s stock worth $3,840,000 after buying an additional 15,851 shares during the period. Raymond James Financial Inc. boosted its stake in shares of Cohen & Steers Select Preferred and Income Fund by 1.8% during the second quarter. Raymond James Financial Inc. now owns 146,595 shares of the company’s stock worth $2,952,000 after buying an additional 2,591 shares during the period. Kestra Private Wealth Services LLC boosted its stake in shares of Cohen & Steers Select Preferred and Income Fund by 37.4% during the third quarter. Kestra Private Wealth Services LLC now owns 103,391 shares of the company’s stock worth $2,148,000 after buying an additional 28,148 shares during the period. Shaker Financial Services LLC boosted its stake in shares of Cohen & Steers Select Preferred and Income Fund by 1.7% during the fourth quarter. Shaker Financial Services LLC now owns 72,187 shares of the company’s stock worth $1,464,000 after buying an additional 1,174 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of Cohen & Steers Select Preferred and Income Fund by 12.6% during the first quarter. Royal Bank of Canada now owns 70,488 shares of the company’s stock worth $1,409,000 after buying an additional 7,895 shares during the period.

Cohen & Steers Select Preferred and Income Fund Price Performance

NYSE PSF opened at $20.02 on Monday. Cohen & Steers Select Preferred and Income Fund, Inc. has a 52-week low of $18.95 and a 52-week high of $21.20. The firm has a 50-day moving average price of $19.82 and a 200 day moving average price of $20.24.

Cohen & Steers Select Preferred and Income Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.126 per share. This represents a c) annualized dividend and a yield of 7.6%. The ex-dividend date of this dividend is Tuesday, June 9th.

About Cohen & Steers Select Preferred and Income Fund

Cohen & Steers Select Preferred and Income Fund (NYSE: PSF) is a closed-end management investment company that seeks to provide shareholders with a high level of current income and the potential for capital appreciation. The fund trades on the New York Stock Exchange and offers investors exposure to a diversified portfolio of preferred and other hybrid securities, combining the liquidity of an exchange-traded vehicle with a specialized income strategy.

The fund’s primary business activity is investing in preferred stocks, bank capital instruments, trust preferreds and other hybrid capital structures issued by U.S.