Oder Investment Management LLC Raises Stock Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Oder Investment Management LLC grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 2.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 65,649 shares of the company’s stock after purchasing an additional 1,326 shares during the quarter. Cohen & Steers Limited Duration Preferred and Income Fund accounts for about 1.1% of Oder Investment Management LLC’s holdings, making the stock its 24th biggest holding. Oder Investment Management LLC’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $1,326,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter worth $8,092,000. Thomas J. Herzfeld Advisors Inc. grew its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 11.8% during the fourth quarter. Thomas J. Herzfeld Advisors Inc. now owns 186,703 shares of the company’s stock worth $3,771,000 after buying an additional 19,743 shares in the last quarter. Greatmark Investment Partners Inc. grew its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.7% during the fourth quarter. Greatmark Investment Partners Inc. now owns 171,425 shares of the company’s stock worth $3,463,000 after buying an additional 2,900 shares in the last quarter. Synovus Financial Corp increased its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 0.4% during the third quarter. Synovus Financial Corp now owns 164,008 shares of the company’s stock worth $3,567,000 after buying an additional 590 shares during the period. Finally, NewEdge Wealth LLC raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 3.6% in the fourth quarter. NewEdge Wealth LLC now owns 152,981 shares of the company’s stock valued at $3,090,000 after acquiring an additional 5,300 shares in the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.3 %

NYSE:LDP opened at $18.80 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 $21.87. The stock has a 50-day simple moving average of $20.37 and a 200-day simple moving average of $20.74.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The business also recently announced a — dividend, which will be paid on Monday, June 30th. Investors of record on Tuesday, June 10th will be given a $0.131 dividend. This represents a dividend yield of 7.7%. The ex-dividend date of this dividend is Tuesday, June 10th.

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.