Raymond James Financial Services Advisors Inc. Decreases Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Raymond James Financial Services Advisors Inc. trimmed its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 4.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,042 shares of the company’s stock after selling 588 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $240,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Oder Investment Management LLC grew its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 20.7% during the 3rd quarter. Oder Investment Management LLC now owns 35,841 shares of the company’s stock worth $612,000 after acquiring an additional 6,146 shares during the period. Invesco Ltd. lifted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 8.2% during the third quarter. Invesco Ltd. now owns 457,825 shares of the company’s stock valued at $7,815,000 after purchasing an additional 34,857 shares during the last quarter. Mutual Advisors LLC bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter worth about $296,000. Thomas J. Herzfeld Advisors Inc. boosted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 12.9% during the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 138,156 shares of the company’s stock worth $2,358,000 after purchasing an additional 15,821 shares during the period. Finally, Landscape Capital Management L.L.C. purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter worth about $521,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Shares of LDP stock opened at $19.34 on Wednesday. The firm’s 50 day moving average is $19.72 and its 200 day moving average is $18.74. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 12 month low of $16.16 and a 12 month high of $20.30.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Tuesday, June 11th will be given a dividend of $0.131 per share. The ex-dividend date is Tuesday, June 11th. This represents a $1.57 annualized dividend and a dividend yield of 8.13%.

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.