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

Oppenheimer & Co. Inc. lifted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 10.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 70,972 shares of the company’s stock after buying an additional 6,682 shares during the period. Oppenheimer & Co. Inc.’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $1,434,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of LDP. Capital Investment Advisors LLC raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 261.8% during the 4th quarter. Capital Investment Advisors LLC now owns 65,786 shares of the company’s stock worth $1,329,000 after buying an additional 47,601 shares in the last quarter. Wealthcare Advisory Partners LLC purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter worth approximately $481,000. Caprock Group LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter worth approximately $327,000. Glaxis Capital Management LLC grew its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 13.3% in the 3rd quarter. Glaxis Capital Management LLC now owns 128,000 shares of the company’s stock worth $2,784,000 after acquiring an additional 15,000 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter worth approximately $326,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

LDP opened at $20.93 on Tuesday. The stock’s 50 day simple moving average is $20.63 and its 200 day simple moving average is $20.85. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 1-year low of $18.81 and a 1-year high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The company also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were issued a $0.131 dividend. This represents a dividend yield of 7.83%. The ex-dividend date of this dividend was 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.