Beacon Pointe Advisors LLC Sells 4,142 Shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Beacon Pointe Advisors LLC lessened its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 6.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,992 shares of the company’s stock after selling 4,142 shares during the period. Beacon Pointe Advisors LLC’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $1,106,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Maltin Wealth Management Inc. raised its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 1.6% during the fourth quarter. Maltin Wealth Management Inc. now owns 74,508 shares of the company’s stock worth $1,373,000 after buying an additional 1,197 shares during the last quarter. Cerity Partners LLC raised its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 4.6% during the fourth quarter. Cerity Partners LLC now owns 71,160 shares of the company’s stock worth $1,311,000 after buying an additional 3,160 shares during the last quarter. Oder Investment Management LLC raised its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 20.7% during the third quarter. Oder Investment Management LLC now owns 35,841 shares of the company’s stock worth $612,000 after buying an additional 6,146 shares during the last quarter. Greatmark Investment Partners Inc. grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 9.2% in the third quarter. Greatmark Investment Partners Inc. now owns 145,525 shares of the company’s stock worth $2,484,000 after purchasing an additional 12,200 shares during the period. Finally, Thomas J. Herzfeld Advisors Inc. grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 12.9% in the third quarter. Thomas J. Herzfeld Advisors Inc. now owns 138,156 shares of the company’s stock worth $2,358,000 after purchasing an additional 15,821 shares during the period.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

NYSE:LDP opened at $19.79 on Wednesday. The firm has a fifty day simple moving average of $19.63 and a two-hundred day simple moving average of $19.12. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 12 month low of $16.42 and a 12 month high of $20.30.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Tuesday, June 11th will be issued a $0.131 dividend. This represents a $1.57 dividend on an annualized basis and a yield of 7.94%. The ex-dividend date of this dividend is Tuesday, June 11th.

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.