Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) Shares Acquired by Raymond James & Associates

Raymond James & Associates increased its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 1,096.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 373,297 shares of the company’s stock after acquiring an additional 342,097 shares during the quarter. Raymond James & Associates’ holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $8,119,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LDP. Capital Investment Advisors LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter worth $396,000. Creative Planning increased its position in Cohen & Steers Limited Duration Preferred and Income Fund by 14.9% during the third quarter. Creative Planning now owns 24,583 shares of the company’s stock worth $535,000 after purchasing an additional 3,183 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the second quarter worth about $6,994,000. Envestnet Asset Management Inc. boosted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 12.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 154,351 shares of the company’s stock valued at $3,072,000 after purchasing an additional 16,964 shares during the last quarter. Finally, Choreo LLC grew its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 5.6% in the 2nd quarter. Choreo LLC now owns 31,678 shares of the company’s stock valued at $630,000 after buying an additional 1,687 shares during the period.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.95 on Wednesday. The company’s 50 day simple moving average is $21.02 and its 200-day simple moving average is $20.18. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 1 year low of $16.42 and a 1 year high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, October 31st. Investors of record on Wednesday, October 16th will be paid a dividend of $0.131 per share. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a dividend yield of 7.25%.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a diversified and closed-end management investment company, which invests in the preferred and other securities issued by the U.S. and non-U.S. companies. Its objective is to provide high current income and capital appreciation. The company was founded on May 5, 2012 and is headquartered in New York, NY.