Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP – Get Free Report) was the target of a large decline in short interest in the month of February. As of February 27th, there was short interest totaling 22,948 shares, a decline of 17.7% from the February 12th total of 27,872 shares. Based on an average daily volume of 57,156 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 57,156 shares, the days-to-cover ratio is presently 0.4 days.
Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund
Several hedge funds have recently bought and sold shares of LDP. Northwestern Mutual Wealth Management Co. raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 20,581.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,316,921 shares of the company’s stock worth $49,049,000 after buying an additional 2,305,718 shares during the period. Invesco Ltd. lifted its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 2.1% in the 3rd quarter. Invesco Ltd. now owns 451,782 shares of the company’s stock valued at $9,790,000 after acquiring an additional 9,177 shares in the last quarter. Chicago Partners Investment Group LLC lifted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 3.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 448,940 shares of the company’s stock valued at $9,562,000 after purchasing an additional 15,767 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 12.5% during the third quarter. Envestnet Asset Management Inc. now owns 239,403 shares of the company’s stock valued at $5,188,000 after buying an additional 26,506 shares in the last quarter. Finally, Glaxis Capital Management LLC lifted its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 33.2% in the 4th quarter. Glaxis Capital Management LLC now owns 231,800 shares of the company’s stock worth $4,907,000 after acquiring an additional 57,800 shares in the last quarter.
Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.3%
Shares of NYSE LDP opened at $20.52 on Wednesday. Cohen & Steers Limited Duration Preferred and Income Fund has a 1-year low of $18.38 and a 1-year high of $22.05. The business’s fifty day moving average price is $21.21 and its two-hundred day moving average price is $21.38.
About Cohen & Steers Limited Duration Preferred and Income Fund
Cohen & Steers Limited Duration Preferred and Income Fund, Inc (NYSE: LDP) is a closed-end management investment company that seeks to provide investors with current income while managing interest-rate sensitivity. The fund primarily invests in a diversified portfolio of preferred securities and other income-producing instruments, combining yield potential with a strategy tailored to limit fluctuations in response to changing interest-rate environments.
Its investment approach focuses on preferred and hybrid securities issued by corporations across sectors such as financial institutions, utilities, real estate investment trusts (REITs) and other industries.
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