Raymond James Financial Inc. Takes Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Raymond James Financial Inc. acquired a new stake in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 400,571 shares of the company’s stock, valued at approximately $8,092,000.

Other hedge funds also recently made changes to their positions in the company. Wolverine Asset Management LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 4th quarter valued at $86,000. Magnus Financial Group LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter worth about $299,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter worth about $326,000. Caprock Group LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter worth about $327,000. Finally, Prospera Financial Services Inc increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 4.4% during the 3rd quarter. Prospera Financial Services Inc now owns 16,076 shares of the company’s stock worth $350,000 after purchasing an additional 676 shares in the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Down 0.0 %

Shares of Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.42 on Friday. The company has a 50-day simple moving average of $20.66 and a 200 day simple moving average of $20.87. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 12-month low of $18.81 and a 12-month high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a dividend of $0.131 per share. The ex-dividend date of this dividend was Tuesday, January 14th. This represents a yield of 7.83%.

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.