Oppenheimer & Co. Inc. Boosts Stake in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Oppenheimer & Co. Inc. raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 66.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 64,290 shares of the company’s stock after purchasing an additional 25,604 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $1,398,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Raymond James & Associates grew its stake 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. Envestnet Asset Management Inc. grew its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 12.3% in the second quarter. Envestnet Asset Management Inc. now owns 154,351 shares of the company’s stock valued at $3,072,000 after buying an additional 16,964 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the second quarter valued at $6,994,000. Janney Montgomery Scott LLC grew its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 90.7% in the first quarter. Janney Montgomery Scott LLC now owns 21,013 shares of the company’s stock valued at $422,000 after buying an additional 9,994 shares in the last quarter. Finally, Wolverine Asset Management LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the second quarter valued at $76,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 0.2 %

Shares of NYSE LDP opened at $20.93 on Tuesday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a twelve month low of $17.69 and a twelve month high of $21.87. The stock has a fifty day simple moving average of $21.24 and a 200-day simple moving average of $20.36.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th were paid a $0.131 dividend. The ex-dividend date was Tuesday, October 15th. This represents a dividend yield of 7.25%.

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.