Truist Financial Corp Lowers Stock Holdings in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF)

Truist Financial Corp trimmed its position in shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 3.7% in the second quarter, HoldingsChannel.com reports. The fund owned 31,688 shares of the company’s stock after selling 1,218 shares during the period. Truist Financial Corp’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $627,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Raymond James & Associates boosted its holdings in Cohen & Steers Select Preferred and Income Fund by 15.0% during the 2nd quarter. Raymond James & Associates now owns 106,251 shares of the company’s stock valued at $2,102,000 after acquiring an additional 13,883 shares during the period. Baldwin Brothers LLC MA raised its position in Cohen & Steers Select Preferred and Income Fund by 11.2% in the 2nd quarter. Baldwin Brothers LLC MA now owns 145,755 shares of the company’s stock valued at $2,883,000 after purchasing an additional 14,688 shares in the last quarter. Finally, WealthBridge Capital Management LLC acquired a new stake in Cohen & Steers Select Preferred and Income Fund in the 1st quarter valued at about $241,000.

Cohen & Steers Select Preferred and Income Fund Price Performance

PSF stock opened at $20.87 on Wednesday. The business’s 50-day moving average is $20.62 and its two-hundred day moving average is $19.91. Cohen & Steers Select Preferred and Income Fund, Inc. has a 1 year low of $16.66 and a 1 year high of $21.60.

Cohen & Steers Select Preferred and Income Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th will be given a $0.126 dividend. This represents a yield of 7.24%. The ex-dividend date is Tuesday, October 15th.

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.