Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) To Go Ex-Dividend on September 8th

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) announced a monthly dividend on Monday, June 22nd. Shareholders of record on Tuesday, September 8th will be given a dividend of 0.134 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 8.7%. The ex-dividend date of this dividend is Tuesday, September 8th.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Price Performance

PTA stock opened at $18.40 on Friday. The firm has a 50 day moving average of $18.89 and a two-hundred day moving average of $19.15. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a 12 month low of $18.13 and a 12 month high of $20.92.

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

Institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC lifted its position 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 worth $463,000 after buying an additional 1,277 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of 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 valued at $26,000 after acquiring an additional 1,223 shares during the last quarter. Jane Street Group LLC bought a new position in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 2nd quarter valued at approximately $357,000. Ameriprise Financial Inc. bought a new position in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 2nd quarter valued at approximately $218,000. Finally, Bank of America Corp DE lifted its holdings 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 worth $77,167,000 after purchasing an additional 135,103 shares during the last quarter.

About Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

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.