Wolverine Asset Management LLC Cuts Stock Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Wolverine Asset Management LLC reduced its position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDPFree Report) by 92.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,934 shares of the company’s stock after selling 23,241 shares during the quarter. Wolverine Asset Management LLC’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $36,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Mutual Advisors LLC purchased a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter worth $296,000. Kestra Private Wealth Services LLC purchased a new position in Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter worth $356,000. Pettinga Financial Advisors LLC purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter valued at about $485,000. Landscape Capital Management L.L.C. acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at about $521,000. Finally, Oppenheimer & Co. Inc. lifted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 215.2% during the third quarter. Oppenheimer & Co. Inc. now owns 35,291 shares of the company’s stock worth $602,000 after purchasing an additional 24,093 shares during the period.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Up 0.6 %

NYSE:LDP opened at $19.31 on Monday. The company’s fifty day moving average price is $19.71 and its 200-day moving average price is $18.78. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 1-year low of $16.16 and a 1-year high of $20.30.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Tuesday, June 11th will be issued a dividend of $0.131 per share. This represents a $1.57 annualized dividend and a yield of 8.14%. The ex-dividend date is Tuesday, June 11th.

About Cohen & Steers Limited Duration Preferred and Income Fund

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Cohen & Steers Limited Duration Preferred and Income Fund (NYSE:LDP)

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