Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) Plans $0.13 Monthly Dividend

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) announced a monthly dividend on Tuesday, March 24th. Stockholders of record on Tuesday, June 9th will be given a dividend of 0.134 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date of this dividend is Tuesday, June 9th.

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

Shares of NYSE:PTA traded up $0.23 during mid-day trading on Wednesday, hitting $18.72. The company had a trading volume of 10,513 shares, compared to its average volume of 149,405. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a one year low of $17.40 and a one year high of $20.92. The firm has a fifty day moving average price of $19.49 and a 200 day moving average price of $19.71.

Hedge Funds Weigh In On Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

Several institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. lifted its holdings in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 1,274.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,319 shares of the company’s stock worth $26,000 after purchasing an additional 1,223 shares in the last quarter. Global Retirement Partners LLC bought a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 4th quarter worth approximately $32,000. Noble Wealth Management PBC bought a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 4th quarter worth approximately $41,000. Newbridge Financial Services Group Inc. purchased a new stake in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the second quarter worth approximately $146,000. Finally, Osaic Holdings Inc. raised its stake in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 20.8% in the second quarter. Osaic Holdings Inc. now owns 8,142 shares of the company’s stock worth $161,000 after purchasing an additional 1,404 shares during the last quarter.

About Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

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.