Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) Shares Down 0% – Here’s What Happened

Shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) dropped 0% during trading on Friday . The stock traded as low as $18.75 and last traded at $18.7950. 148,825 shares were traded during mid-day trading, an increase of 11% from the average session volume of 133,922 shares. The stock had previously closed at $18.80.

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

The business has a 50-day simple moving average of $19.21 and a two-hundred day simple moving average of $19.32.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be paid a $0.134 dividend. This represents a c) annualized dividend and a dividend yield of 8.6%. The ex-dividend date is Tuesday, September 8th.

Institutional Investors Weigh In On Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

Large investors have recently made changes to their positions in the company. Geneos Wealth Management Inc. lifted its holdings in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 1,274.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,319 shares of the company’s stock valued at $26,000 after purchasing an additional 1,223 shares during the last quarter. Elevation Wealth Partners LLC acquired a new position in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the second quarter valued at about $29,000. Global Retirement Partners LLC bought a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the fourth quarter worth about $32,000. Osaic Holdings Inc. grew its stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 20.8% during the second quarter. Osaic Holdings Inc. now owns 8,142 shares of the company’s stock worth $161,000 after buying an additional 1,404 shares during the last quarter. Finally, Equitable Holdings Inc. acquired a new stake in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the third quarter worth approximately $207,000.

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.