Synovus Financial Corp Grows Stock Holdings in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Synovus Financial Corp grew its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 0.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 164,008 shares of the company’s stock after acquiring an additional 590 shares during the period. Synovus Financial Corp’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $3,567,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of LDP. Wolverine Asset Management LLC bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the 2nd quarter valued at approximately $76,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the second quarter valued at approximately $125,000. Wilmington Savings Fund Society FSB bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the third quarter valued at approximately $326,000. Caprock Group LLC purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter worth $327,000. Finally, Prospera Financial Services Inc boosted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 4.4% in the third quarter. Prospera Financial Services Inc now owns 16,076 shares of the company’s stock valued at $350,000 after acquiring an additional 676 shares in the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

Shares of Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.85 on Friday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 12-month low of $18.38 and a 12-month high of $21.87. The company’s fifty day simple moving average is $21.20 and its two-hundred day simple moving average is $20.54.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, October 31st. Investors of record on Wednesday, October 16th were given a dividend of $0.131 per share. This represents a dividend yield of 7.25%. The ex-dividend date 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.