Carmichael Hill & Associates Inc. Grows Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Carmichael Hill & Associates Inc. lifted its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 2.0% during the third quarter, Holdings Channel.com reports. The firm owned 55,564 shares of the company’s stock after acquiring an additional 1,106 shares during the period. Carmichael Hill & Associates Inc.’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $1,209,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in LDP. Lynx Investment Advisory acquired a new position in Cohen & Steers Limited Duration Preferred and Income Fund in the 2nd quarter worth about $39,000. Wolverine Asset Management LLC purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 2nd quarter valued at approximately $76,000. Ashton Thomas Private Wealth LLC acquired a new stake in Cohen & Steers Limited Duration Preferred and Income Fund in the 2nd quarter valued at $125,000. Capital Investment Advisors LLC purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter worth $396,000. Finally, Janney Montgomery Scott LLC raised its position in Cohen & Steers Limited Duration Preferred and Income Fund by 90.7% during the first quarter. Janney Montgomery Scott LLC now owns 21,013 shares of the company’s stock worth $422,000 after acquiring an additional 9,994 shares during the period.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.1 %

LDP opened at $20.89 on Friday. The firm’s fifty day simple moving average is $21.06 and its two-hundred day simple moving average is $20.20. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 52-week low of $17.02 and a 52-week high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were issued a $0.131 dividend. This represents a yield of 7.25%. The ex-dividend date was Tuesday, October 15th.

Cohen & Steers Limited Duration Preferred and Income Fund 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.