LPL Financial LLC Acquires 8,089 Shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

LPL Financial LLC raised its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 6.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 124,750 shares of the company’s stock after purchasing an additional 8,089 shares during the quarter. LPL Financial LLC’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $2,520,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in Cohen & Steers Limited Duration Preferred and Income Fund in the 4th quarter worth about $8,092,000. Greatmark Investment Partners Inc. increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.7% during the fourth quarter. Greatmark Investment Partners Inc. now owns 171,425 shares of the company’s stock worth $3,463,000 after acquiring an additional 2,900 shares during the period. Synovus Financial Corp increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 0.4% during the third quarter. Synovus Financial Corp now owns 164,008 shares of the company’s stock worth $3,567,000 after acquiring an additional 590 shares during the period. NewEdge Wealth LLC raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 3.6% during the fourth quarter. NewEdge Wealth LLC now owns 152,981 shares of the company’s stock valued at $3,090,000 after acquiring an additional 5,300 shares in the last quarter. Finally, Glaxis Capital Management LLC boosted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 9.4% in the fourth quarter. Glaxis Capital Management LLC now owns 140,000 shares of the company’s stock valued at $2,828,000 after purchasing an additional 12,000 shares during the period.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

Shares of NYSE:LDP opened at $18.80 on Monday. The business’s 50 day moving average is $20.37 and its 200 day moving average is $20.74. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 52-week low of $18.38 and a 52-week high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The company also recently declared a — dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be given a dividend of $0.131 per share. This represents a dividend yield of 7.7%. The ex-dividend date of this dividend is Tuesday, June 10th.

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.