Cohen & Steers Limited Duration Preferred and Income Fund (NYSE:LDP) Shares Cross Above 50 Day Moving Average of $19.71

Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $19.71 and traded as high as $20.07. Cohen & Steers Limited Duration Preferred and Income Fund shares last traded at $20.07, with a volume of 43,569 shares changing hands.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

The stock has a fifty day moving average price of $19.71 and a 200 day moving average price of $19.48.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Tuesday, September 10th will be paid a dividend of $0.131 per share. The ex-dividend date is Tuesday, September 10th. This represents a $1.57 annualized dividend and a yield of 7.83%.

Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund

A number of hedge funds have recently modified their holdings of the company. Atria Investments Inc bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 1st quarter worth approximately $6,306,000. Glaxis Capital Management LLC bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter worth approximately $1,703,000. NewEdge Wealth LLC lifted its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 657.4% during the 4th quarter. NewEdge Wealth LLC now owns 95,077 shares of the company’s stock worth $1,752,000 after buying an additional 82,524 shares during the period. Invesco Ltd. lifted its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 8.2% during the 3rd quarter. Invesco Ltd. now owns 457,825 shares of the company’s stock worth $7,815,000 after buying an additional 34,857 shares during the period. Finally, Choreo LLC bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 1st quarter worth approximately $602,000.

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.