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

Truist Financial Corp reduced its stake in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 3.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 31,688 shares of the company’s stock after selling 1,218 shares during the quarter. 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 large investors also recently added to or reduced their stakes in the company. WealthBridge Capital Management LLC purchased a new stake in Cohen & Steers Select Preferred and Income Fund in the 1st quarter valued at $241,000. Raymond James & Associates grew its holdings in Cohen & Steers Select Preferred and Income Fund by 15.0% in the 2nd quarter. Raymond James & Associates now owns 106,251 shares of the company’s stock valued at $2,102,000 after buying an additional 13,883 shares in the last quarter. Finally, Baldwin Brothers LLC MA grew its holdings 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 buying an additional 14,688 shares in the last quarter.

Cohen & Steers Select Preferred and Income Fund Stock Performance

Shares of NYSE:PSF opened at $20.87 on Wednesday. Cohen & Steers Select Preferred and Income Fund, Inc. has a 52-week low of $16.66 and a 52-week high of $21.60. The business has a fifty day moving average of $20.62 and a two-hundred day moving average of $19.91.

Cohen & Steers Select Preferred and Income Fund Dividend Announcement

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

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.