Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) Announces $0.13 Monthly Dividend

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) declared a monthly dividend on Tuesday, September 22nd. Shareholders of record on Tuesday, November 10th will be given a dividend of 0.134 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 9.0%. The ex-dividend date is Tuesday, November 10th.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Stock Up 0.0%

Shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund stock traded up $0.00 on Wednesday, reaching $17.91. 42,000 shares of the company traded hands, compared to its average volume of 144,051. The company has a 50 day moving average of $18.57 and a 200 day moving average of $19.00. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a 52 week low of $17.52 and a 52 week high of $20.92.

Hedge Funds Weigh In On Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

Several institutional investors and hedge funds have recently bought and sold shares of the company. Elevation Wealth Partners LLC purchased a new position in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 2nd quarter valued at $29,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 2nd quarter worth about $68,000. Closed End Fund Advisors Inc. purchased a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 4th quarter worth about $225,000. COFG Advisors LLC bought a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 4th quarter valued at about $236,000. Finally, HighTower Advisors LLC bought a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 2nd quarter valued at about $335,000.

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.