Envestnet Asset Management Inc. Boosts Holdings in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $LDP

Envestnet Asset Management Inc. lifted its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 12.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 239,403 shares of the company’s stock after purchasing an additional 26,506 shares during the period. Envestnet Asset Management Inc.’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $5,188,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Smith Asset Management Co. LLC purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter worth $220,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the third quarter valued at about $204,000. Vermillion Wealth Management Inc. increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 102.0% during the third quarter. Vermillion Wealth Management Inc. now owns 3,508 shares of the company’s stock worth $76,000 after acquiring an additional 1,771 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the second quarter worth about $62,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 205.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,507 shares of the company’s stock worth $32,000 after acquiring an additional 1,014 shares in the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

Shares of LDP opened at $21.43 on Monday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a one year low of $18.38 and a one year high of $22.05. The stock has a 50-day moving average price of $21.29 and a 200 day moving average price of $21.43.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be paid a dividend of $0.131 per share. This represents a c) annualized dividend and a dividend yield of 7.3%. The ex-dividend date is Tuesday, March 10th.

About Cohen & Steers Limited Duration Preferred and Income Fund

Cohen & Steers Limited Duration Preferred and Income Fund, Inc (NYSE: LDP) is a closed-end management investment company that seeks to provide investors with current income while managing interest-rate sensitivity. The fund primarily invests in a diversified portfolio of preferred securities and other income-producing instruments, combining yield potential with a strategy tailored to limit fluctuations in response to changing interest-rate environments.

Its investment approach focuses on preferred and hybrid securities issued by corporations across sectors such as financial institutions, utilities, real estate investment trusts (REITs) and other industries.