Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA) Shares Acquired Rep. Debbie Dingell

Representative Debbie Dingell (Democratic-Michigan) recently bought shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA). In a filing disclosed on April 28th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund stock on April 21st. The trade occurred in the Representative’s “MORGAN STANLEY SMITH BARNEY LLC IRA” account.

Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund Stock Up 0.4%

Shares of Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund stock opened at $19.35 on Thursday. The firm’s 50 day moving average is $19.18 and its 200 day moving average is $19.44. Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund has a 1 year low of $18.13 and a 1 year high of $20.92.

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

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.134 per share. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 8.3%.

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

Several hedge funds have recently added to or reduced their stakes in PTA. Rivernorth Capital Management LLC acquired a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 4th quarter worth approximately $4,555,000. Bank of America Corp DE boosted its position in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 3.6% during the 2nd quarter. Bank of America Corp DE now owns 3,897,344 shares of the company’s stock worth $77,167,000 after buying an additional 135,103 shares during the period. Shaker Financial Services LLC boosted its position in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund by 173.1% during the 4th quarter. Shaker Financial Services LLC now owns 147,484 shares of the company’s stock worth $2,848,000 after buying an additional 93,478 shares during the period. Readystate Asset Management LP acquired a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 4th quarter worth approximately $1,551,000. Finally, Rareview Capital LLC acquired a new stake in Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund during the 4th quarter worth approximately $1,073,000.

About Representative Dingell

Debbie Dingell (Democratic Party) is a member of the U.S. House, representing Michigan’s 6th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Dingell (Democratic Party) ran for re-election to the U.S. House to represent Michigan’s 6th Congressional District. She won in the general election on November 5, 2024.

Dingell was born in Detroit, Michigan, and attended high school at the Convent of the Sacred Heart. Dingell went on to attend Georgetown University, where she earned a bachelor’s degree in foreign service in 1975 and a master’s degree in liberal studies in 1996.

Dingell worked for General Motors Corporation (GM) for over 30 years, serving as president of the GM Foundation and as a senior executive handing public affairs. She also served as chairwoman of the Manufacturing Initiative at the American Automotive Policy Council.

Her first elected position was to Wayne State University’s Board of Governors, when Dingell was elected to serve an eight-year term in 2006. She was also appointed to positions with the Early Childhood Investment Corporation and the Cherry Commission on Higher Education and Economic Growth by former Governor Jennifer Granholm.

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.