Wells Fargo & Company MN Sells 1,760 Shares of Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF)

Wells Fargo & Company MN decreased its holdings in Cohen & Steers Select Preferred and Income Fund, Inc. (NYSE:PSF) by 11.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,401 shares of the company’s stock after selling 1,760 shares during the quarter. Wells Fargo & Company MN’s holdings in Cohen & Steers Select Preferred and Income Fund were worth $377,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Janney Montgomery Scott LLC raised its holdings in shares of Cohen & Steers Select Preferred and Income Fund by 2.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 26,283 shares of the company’s stock worth $739,000 after purchasing an additional 608 shares during the last quarter. AdvisorNet Financial Inc raised its stake in shares of Cohen & Steers Select Preferred and Income Fund by 16.9% during the 4th quarter. AdvisorNet Financial Inc now owns 12,115 shares of the company’s stock worth $340,000 after buying an additional 1,750 shares during the period. American Research & Management Co. acquired a new stake in Cohen & Steers Select Preferred and Income Fund in the 4th quarter valued at $246,000. Financial Management Network Inc. purchased a new stake in Cohen & Steers Select Preferred and Income Fund in the 4th quarter worth $241,000. Finally, WESPAC Advisors LLC grew its position in shares of Cohen & Steers Select Preferred and Income Fund by 20.9% in the fourth quarter. WESPAC Advisors LLC now owns 60,839 shares of the company’s stock valued at $1,710,000 after purchasing an additional 10,531 shares during the period.

Shares of PSF opened at $29.20 on Friday. Cohen & Steers Select Preferred and Income Fund, Inc. has a one year low of $22.51 and a one year high of $29.20. The stock has a 50 day moving average price of $27.60 and a 200 day moving average price of $26.91.

The firm also recently announced a monthly dividend, which will be paid on Wednesday, June 30th. Shareholders of record on Wednesday, June 16th will be paid a $0.157 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 6.45%. The ex-dividend date of this dividend is Tuesday, June 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.

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Institutional Ownership by Quarter for Cohen & Steers Select Preferred and Income Fund (NYSE:PSF)

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