Everpar Advisors LLC Acquires Shares of 21,136 Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Everpar Advisors LLC acquired a new stake in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 21,136 shares of the company’s stock, valued at approximately $390,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. UBS Group AG grew its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 3.2% in the third quarter. UBS Group AG now owns 1,426,179 shares of the company’s stock valued at $24,345,000 after acquiring an additional 44,001 shares during the period. Invesco Ltd. lifted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 8.2% in the third quarter. Invesco Ltd. now owns 457,825 shares of the company’s stock valued at $7,815,000 after purchasing an additional 34,857 shares in the last quarter. Greatmark Investment Partners Inc. lifted its holdings in shares of 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 valued at $2,484,000 after purchasing an additional 12,200 shares in the last quarter. Thomas J. Herzfeld Advisors Inc. lifted its holdings in shares of 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 valued at $2,358,000 after purchasing an additional 15,821 shares in the last quarter. Finally, AQR Arbitrage LLC lifted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 306.8% in the third quarter. AQR Arbitrage LLC now owns 114,432 shares of the company’s stock valued at $1,953,000 after purchasing an additional 86,299 shares in the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 1.6 %

Shares of LDP stock traded down $0.31 during trading hours on Wednesday, reaching $19.59. The company had a trading volume of 140,779 shares, compared to its average volume of 87,974. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 12 month low of $16.16 and a 12 month high of $20.30. The business has a fifty day simple moving average of $19.72 and a 200-day simple moving average of $18.92.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Tuesday, June 11th will be issued a $0.131 dividend. The ex-dividend date of this dividend is Tuesday, June 11th. This represents a $1.57 dividend on an annualized basis and a dividend yield of 8.02%.

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.