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, March 24th. Stockholders of record on Tuesday, June 9th will be paid a dividend of 0.134 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date of this dividend is Tuesday, June 9th.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Stock Up 1.2%

Shares of NYSE PTA traded up $0.23 during midday trading on Wednesday, reaching $18.72. The stock had a trading volume of 10,513 shares, compared to its average volume of 149,405. The company’s 50 day moving average price is $19.49 and its 200 day moving average price is $19.71. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a twelve month low of $17.40 and a twelve month high of $20.92.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. grew its holdings in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 20.8% during the 2nd quarter. Osaic Holdings Inc. now owns 8,142 shares of the company’s stock worth $161,000 after acquiring an additional 1,404 shares during the period. Global Retirement Partners LLC bought a new stake in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 4th quarter valued at about $32,000. Geneos Wealth Management Inc. boosted its position 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 purchasing an additional 1,223 shares in the last quarter. RFG Advisory LLC grew its stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 3.9% during the fourth quarter. RFG Advisory LLC now owns 26,935 shares of the company’s stock worth $520,000 after purchasing an additional 1,020 shares during the period. Finally, Oppenheimer & Co. Inc. grew its stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 1.2% during the fourth quarter. Oppenheimer & Co. Inc. now owns 49,262 shares of the company’s stock worth $951,000 after purchasing an additional 595 shares during the period.

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.