Shaker Financial Services LLC Has $1.40 Million Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Shaker Financial Services LLC reduced its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 24.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,122 shares of the company’s stock after selling 20,805 shares during the period. Shaker Financial Services LLC’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $1,395,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Sanctuary Advisors LLC bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the 2nd quarter valued at about $6,994,000. Raymond James & Associates grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 1,096.5% during the third quarter. Raymond James & Associates now owns 373,297 shares of the company’s stock valued at $8,119,000 after purchasing an additional 342,097 shares during the period. Atria Investments Inc acquired a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the first quarter valued at approximately $6,306,000. Capital Investment Advisors LLC acquired a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the third quarter valued at approximately $396,000. Finally, Envestnet Asset Management Inc. boosted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 12.3% in the second quarter. Envestnet Asset Management Inc. now owns 154,351 shares of the company’s stock valued at $3,072,000 after buying an additional 16,964 shares during the period.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Up 0.3 %

Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $21.04 on Thursday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a twelve month low of $17.18 and a twelve month high of $21.87. The company has a 50 day moving average of $21.11 and a 200-day moving average of $20.25.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

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

Cohen & Steers Limited Duration Preferred and Income Fund Company 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.