Envestnet Asset Management Inc. Acquires 34,271 Shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $LDP

Envestnet Asset Management Inc. boosted its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 19.2% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 212,897 shares of the company’s stock after buying an additional 34,271 shares during the quarter. Envestnet Asset Management Inc.’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $4,467,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. LPL Financial LLC grew its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 2.2% during the 1st quarter. LPL Financial LLC now owns 127,439 shares of the company’s stock valued at $2,595,000 after acquiring an additional 2,689 shares during the period. Cetera Investment Advisers lifted its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 5.7% in the first quarter. Cetera Investment Advisers now owns 17,680 shares of the company’s stock valued at $360,000 after purchasing an additional 961 shares during the last quarter. Invesco Ltd. grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 11.0% during the first quarter. Invesco Ltd. now owns 438,608 shares of the company’s stock valued at $8,930,000 after purchasing an additional 43,415 shares during the period. Elequin Capital LP grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 160.5% during the first quarter. Elequin Capital LP now owns 2,193 shares of the company’s stock valued at $45,000 after purchasing an additional 1,351 shares during the period. Finally, Chicago Partners Investment Group LLC increased its position in Cohen & Steers Limited Duration Preferred and Income Fund by 1.9% in the second quarter. Chicago Partners Investment Group LLC now owns 432,383 shares of the company’s stock worth $9,007,000 after buying an additional 8,228 shares during the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Shares of LDP opened at $21.38 on Friday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 1 year low of $18.38 and a 1 year high of $22.05. The stock’s fifty day moving average price is $21.66 and its two-hundred day moving average price is $21.12.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 9th will be issued a dividend of $0.131 per share. The ex-dividend date of this dividend is Tuesday, December 9th. This represents a c) annualized dividend and a yield of 7.4%.

About Cohen & Steers Limited Duration Preferred and Income Fund

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.