Fiera Capital Corp Buys 47,975 Shares of Cohen & Steers Select Preferred and Income Fund, Inc. $PSF

Fiera Capital Corp raised its stake in shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 84.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 104,721 shares of the company’s stock after acquiring an additional 47,975 shares during the quarter. Fiera Capital Corp’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $2,124,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PSF. Ameriflex Group Inc. bought a new position in shares of Cohen & Steers Select Preferred and Income Fund during the third quarter valued at $152,000. US Bancorp DE lifted its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 159.0% during the third quarter. US Bancorp DE now owns 8,000 shares of the company’s stock valued at $166,000 after acquiring an additional 4,911 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 5.4% in the third quarter. Integrated Wealth Concepts LLC now owns 10,543 shares of the company’s stock valued at $219,000 after buying an additional 543 shares during the last quarter. Arlington Capital Management Inc. raised its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 6.6% in the fourth quarter. Arlington Capital Management Inc. now owns 11,277 shares of the company’s stock valued at $229,000 after buying an additional 703 shares during the last quarter. Finally, Comerica Bank raised its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 70.0% in the fourth quarter. Comerica Bank now owns 12,219 shares of the company’s stock valued at $248,000 after buying an additional 5,033 shares during the last quarter.

Cohen & Steers Select Preferred and Income Fund Stock Down 0.7%

Cohen & Steers Select Preferred and Income Fund stock opened at $19.47 on Wednesday. The stock has a 50-day simple moving average of $19.69 and a 200 day simple moving average of $20.05. 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 Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a $0.126 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date of this dividend is Tuesday, June 9th.

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.