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

Oppenheimer & Co. Inc. grew its position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 66.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 64,290 shares of the company’s stock after acquiring 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.

Several other hedge funds and other institutional investors have also made changes to their positions in LDP. Sanctuary Advisors LLC purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the second quarter valued at approximately $6,994,000. Raymond James & Associates lifted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 1,096.5% during the third quarter. Raymond James & Associates now owns 373,297 shares of the company’s stock worth $8,119,000 after buying an additional 342,097 shares in the last quarter. Atria Investments Inc purchased a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the first quarter worth approximately $6,306,000. Shaker Financial Services LLC lifted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 35.7% during the second quarter. Shaker Financial Services LLC now owns 84,927 shares of the company’s stock worth $1,690,000 after buying an additional 22,336 shares in the last quarter. Finally, Capital Investment Advisors LLC purchased a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the third quarter worth approximately $396,000.

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

Shares of Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.93 on Tuesday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a one year low of $17.69 and a one year high of $21.87. The business’s 50 day moving average price is $21.24 and its 200 day moving average price is $20.36.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were given a dividend of $0.131 per share. The ex-dividend date was Tuesday, October 15th. This represents a 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.