Wealthcare Advisory Partners LLC Makes New $481,000 Investment 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 13F filing with the Securities & Exchange Commission. The institutional investor purchased 23,815 shares of the company’s stock, valued at approximately $481,000.

A number of other institutional investors also recently added to or reduced their stakes in the business. Raymond James & Associates raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1,096.5% in the 3rd 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. Envestnet Asset Management Inc. increased its holdings in shares of 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 period. Sanctuary Advisors LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the second quarter worth $6,994,000. Creative Planning grew its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 14.9% in the 3rd quarter. Creative Planning now owns 24,583 shares of the company’s stock valued at $535,000 after buying an additional 3,183 shares in the last quarter. Finally, Fiera Capital Corp boosted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 3.9% in the third quarter. Fiera Capital Corp now owns 67,425 shares of the company’s stock worth $1,466,000 after purchasing an additional 2,562 shares in the last quarter.

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

Shares of Cohen & Steers Limited Duration Preferred and Income Fund 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 stock has a 50 day moving average price of $20.70 and a two-hundred day moving average price of $20.65.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

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

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.