Alpha Cubed Investments LLC Sells 2,000 Shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF)

Alpha Cubed Investments LLC cut its stake in shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 14.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 12,298 shares of the company’s stock after selling 2,000 shares during the period. Alpha Cubed Investments LLC’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $232,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. Cerity Partners LLC acquired a new stake in Cohen & Steers Select Preferred and Income Fund during the 4th quarter worth approximately $222,000. Shaker Financial Services LLC bought a new stake in shares of Cohen & Steers Select Preferred and Income Fund in the third quarter valued at about $226,000. Kestra Private Wealth Services LLC grew its stake in shares of Cohen & Steers Select Preferred and Income Fund by 193.4% in the third quarter. Kestra Private Wealth Services LLC now owns 36,448 shares of the company’s stock valued at $659,000 after acquiring an additional 24,025 shares in the last quarter. Pettinga Financial Advisors LLC acquired a new position in shares of Cohen & Steers Select Preferred and Income Fund in the fourth quarter valued at about $673,000. Finally, International Assets Investment Management LLC acquired a new stake in Cohen & Steers Select Preferred and Income Fund in the 4th quarter worth about $759,000.

Cohen & Steers Select Preferred and Income Fund Stock Performance

Shares of NYSE:PSF opened at $18.97 on Thursday. Cohen & Steers Select Preferred and Income Fund, Inc. has a 12-month low of $16.00 and a 12-month high of $20.19. The company’s 50 day moving average price is $19.47 and its two-hundred day moving average price is $19.12.

Cohen & Steers Select Preferred and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Tuesday, June 11th will be given a dividend of $0.126 per share. This represents a $1.51 dividend on an annualized basis and a yield of 7.97%. The ex-dividend date of this dividend is Tuesday, June 11th.

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.