Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) Stock Price Down 0% – What’s Next?

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) shares traded down 0% during trading on Friday . The stock traded as low as $18.75 and last traded at $18.7950. Approximately 148,825 shares traded hands during mid-day trading, an increase of 11% from the average session volume of 133,922 shares. The stock had previously closed at $18.80.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Trading Down 0.0%

The business has a fifty day simple moving average of $19.21 and a two-hundred day simple moving average of $19.32.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 8th will be paid a dividend of $0.134 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a c) annualized dividend and a yield of 8.6%.

Institutional Investors Weigh In On Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the company. Geneos Wealth Management Inc. lifted its holdings in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 1,274.0% during the first 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. Elevation Wealth Partners LLC purchased a new position in shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the second quarter worth approximately $29,000. Global Retirement Partners LLC bought a new position in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the fourth quarter worth approximately $32,000. Osaic Holdings Inc. raised its position in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 20.8% in the second 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. Finally, Equitable Holdings Inc. purchased a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund in the 3rd quarter worth approximately $207,000.

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.