Wealthcare Advisory Partners LLC Invests $481,000 in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Wealthcare Advisory Partners LLC purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 23,815 shares of the company’s stock, valued at approximately $481,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its position 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 acquiring an additional 16,964 shares during the last quarter. Creative Planning boosted its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 6.8% in the second quarter. Creative Planning now owns 21,400 shares of the company’s stock valued at $426,000 after buying an additional 1,368 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 2nd quarter valued at about $6,994,000. Capital Investment Advisors LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter worth approximately $396,000. Finally, Raymond James & Associates increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1,096.5% in the third quarter. Raymond James & Associates now owns 373,297 shares of the company’s stock valued at $8,119,000 after buying an additional 342,097 shares in the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Up 0.1 %

LDP stock opened at $20.40 on Tuesday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 12 month low of $18.55 and a 12 month high of $21.87. The company’s 50 day simple moving average is $20.70 and its 200-day simple moving average is $20.65.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be issued a $0.131 dividend. The ex-dividend date of this dividend is Tuesday, January 14th. This represents a yield of 7.83%.

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.