Harbour Investments Inc. Grows Stake in Cohen & Steers Select Preferred and Income Fund, Inc. $PSF

Harbour Investments Inc. raised its stake in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 11.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,854 shares of the company’s stock after acquiring an additional 4,700 shares during the period. Harbour Investments Inc.’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $944,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of PSF. Farther Finance Advisors LLC purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund in the first quarter worth $38,000. MassMutual Private Wealth & Trust FSB purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund in the second quarter worth $66,000. Comerica Bank grew its stake in shares of Cohen & Steers Select Preferred and Income Fund by 50.6% in the first quarter. Comerica Bank now owns 7,047 shares of the company’s stock worth $141,000 after acquiring an additional 2,368 shares during the last quarter. Arlington Capital Management Inc. purchased a new stake in shares of Cohen & Steers Select Preferred and Income Fund in the second quarter worth $216,000. Finally, Readystate Asset Management LP grew its stake in shares of Cohen & Steers Select Preferred and Income Fund by 6.9% in the first quarter. Readystate Asset Management LP now owns 18,058 shares of the company’s stock worth $361,000 after acquiring an additional 1,169 shares during the last quarter.

Cohen & Steers Select Preferred and Income Fund Price Performance

NYSE PSF opened at $20.72 on Friday. Cohen & Steers Select Preferred and Income Fund, Inc. has a 12 month low of $17.93 and a 12 month high of $21.20. The stock’s fifty day moving average price is $20.65 and its 200-day moving average price is $20.00.

Cohen & Steers Select Preferred and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Investors of record on Tuesday, December 9th will be given a dividend of $0.126 per share. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a c) annualized dividend and a dividend yield of 7.3%.

Cohen & Steers Select Preferred and Income Fund 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.