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

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) traded down 0% during trading on Friday . The company traded as low as $18.75 and last traded at $18.7950. Approximately 148,825 shares traded hands during 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 Trading Down 0.0%

The stock has a fifty day moving average of $19.21 and a two-hundred day moving average of $19.32.

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

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

Institutional Trading of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in PTA. NewEdge Advisors LLC raised its holdings in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 5.7% in the first quarter. NewEdge Advisors LLC now owns 23,811 shares of the company’s stock valued at $463,000 after buying an additional 1,277 shares during the last quarter. Geneos Wealth Management Inc. grew 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 worth $26,000 after acquiring an additional 1,223 shares during the last quarter. Jane Street Group LLC bought a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 2nd quarter worth about $357,000. Ameriprise Financial Inc. acquired a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 2nd quarter valued at about $218,000. Finally, Bank of America Corp DE increased its position in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 3.6% in the 2nd quarter. Bank of America Corp DE now owns 3,897,344 shares of the company’s stock valued at $77,167,000 after acquiring an additional 135,103 shares in the last quarter.

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.