Sanctuary Advisors LLC Takes Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Sanctuary Advisors LLC bought a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 362,187 shares of the company’s stock, valued at approximately $6,994,000.

Other large investors also recently added to or reduced their stakes in the company. Atria Investments Inc bought a new stake in Cohen & Steers Limited Duration Preferred and Income Fund in the 1st quarter worth $6,306,000. Envestnet Asset Management Inc. boosted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 12.3% during the second quarter. Envestnet Asset Management Inc. now owns 154,351 shares of the company’s stock worth $3,072,000 after purchasing an additional 16,964 shares during the period. Glaxis Capital Management LLC grew its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 11.5% in the first quarter. Glaxis Capital Management LLC now owns 103,000 shares of the company’s stock worth $2,068,000 after purchasing an additional 10,584 shares during the last quarter. Shaker Financial Services LLC increased its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 35.7% during the 2nd quarter. Shaker Financial Services LLC now owns 84,927 shares of the company’s stock valued at $1,690,000 after purchasing an additional 22,336 shares during the period. Finally, Oppenheimer & Co. Inc. raised its position in Cohen & Steers Limited Duration Preferred and Income Fund by 12.0% during the 1st quarter. Oppenheimer & Co. Inc. now owns 36,429 shares of the company’s stock valued at $731,000 after purchasing an additional 3,896 shares during the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 0.4 %

Shares of LDP stock opened at $21.74 on Friday. The stock has a fifty day moving average of $20.42 and a 200 day moving average of $19.97. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 52 week low of $16.42 and a 52 week high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Tuesday, December 10th will be issued a $0.131 dividend. The ex-dividend date is Tuesday, December 10th. This represents a $1.57 dividend on an annualized basis and a yield of 7.23%.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

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.