Pettinga Financial Advisors LLC Has $1.63 Million Holdings in Cohen & Steers Select Preferred and Income Fund, Inc. $PSF

Pettinga Financial Advisors LLC increased its holdings in shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 101.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,759 shares of the company’s stock after acquiring an additional 40,612 shares during the period. Pettinga Financial Advisors LLC’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $1,626,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Royal Bank of Canada raised its position in Cohen & Steers Select Preferred and Income Fund by 12.6% in the 1st quarter. Royal Bank of Canada now owns 70,488 shares of the company’s stock valued at $1,409,000 after purchasing an additional 7,895 shares during the last quarter. Invesco Ltd. grew its holdings 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 purchasing an additional 15,851 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Cohen & Steers Select Preferred and Income Fund by 1.8% in the second quarter. Raymond James Financial Inc. now owns 146,595 shares of the company’s stock valued at $2,952,000 after buying an additional 2,591 shares in the last quarter. Osaic Holdings Inc. increased its stake in shares of Cohen & Steers Select Preferred and Income Fund by 2.5% in the second quarter. Osaic Holdings Inc. now owns 44,494 shares of the company’s stock valued at $896,000 after buying an additional 1,094 shares in the last quarter. Finally, US Bancorp DE raised its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 159.0% in the third quarter. US Bancorp DE now owns 8,000 shares of the company’s stock valued at $166,000 after buying an additional 4,911 shares during the last quarter.

Cohen & Steers Select Preferred and Income Fund Trading Down 0.0%

Shares of NYSE PSF opened at $19.64 on Monday. The firm’s 50-day simple moving average is $19.76 and its 200 day simple moving average is $19.89. Cohen & Steers Select Preferred and Income Fund, Inc. has a 12-month low of $18.95 and a 12-month high of $21.20.

Cohen & Steers Select Preferred and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid a $0.126 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

Cohen & Steers Select Preferred and Income Fund Profile

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.