Cohen & Steers Select Preferred and Income Fund (NYSE:PSF) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $20.17 and traded as low as $20.06. Cohen & Steers Select Preferred and Income Fund shares last traded at $20.17, with a volume of 15,467 shares changing hands.

Cohen & Steers Select Preferred and Income Fund Trading Up 0.3 %

The business’s 50-day simple moving average is $20.17 and its two-hundred day simple moving average is $20.36.

Cohen & Steers Select Preferred and Income Fund Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were paid a $0.126 dividend. The ex-dividend date of this dividend was Tuesday, January 14th. This represents a yield of 7.73%.

Institutional Investors Weigh In On Cohen & Steers Select Preferred and Income Fund

Institutional investors have recently made changes to their positions in the stock. Baldwin Wealth Partners LLC MA raised its stake in shares of Cohen & Steers Select Preferred and Income Fund by 14.3% during the 4th quarter. Baldwin Wealth Partners LLC MA now owns 171,734 shares of the company’s stock valued at $3,395,000 after purchasing an additional 21,420 shares during the period. Kestra Private Wealth Services LLC increased its position in shares of Cohen & Steers Select Preferred and Income Fund by 13.6% during the fourth quarter. Kestra Private Wealth Services LLC now owns 81,673 shares of the company’s stock valued at $1,615,000 after buying an additional 9,796 shares during the period. WealthBridge Capital Management LLC lifted its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 4.8% in the fourth quarter. WealthBridge Capital Management LLC now owns 27,110 shares of the company’s stock worth $536,000 after buying an additional 1,250 shares in the last quarter. Wolverine Asset Management LLC bought a new position in shares of Cohen & Steers Select Preferred and Income Fund in the fourth quarter valued at approximately $283,000. Finally, Noble Wealth Management PBC purchased a new position in Cohen & Steers Select Preferred and Income Fund during the fourth quarter valued at approximately $255,000.

About Cohen & Steers Select Preferred and Income Fund

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.