Breachway Investments LLC Takes Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $LDP

Breachway Investments LLC purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 47,830 shares of the company’s stock, valued at approximately $1,013,000. Cohen & Steers Limited Duration Preferred and Income Fund accounts for approximately 1.1% of Breachway Investments LLC’s holdings, making the stock its 29th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in LDP. WJ Financial Advisors LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at approximately $1,142,000. PMG Family Office LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at approximately $580,000. Envestnet Asset Management Inc. boosted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 12.5% in 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 during the period. Glaxis Capital Management LLC boosted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 10.1% in the third quarter. Glaxis Capital Management LLC now owns 174,000 shares of the company’s stock valued at $3,771,000 after buying an additional 16,000 shares during the period. Finally, Caprock Group LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at approximately $321,000.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Down 0.1%

Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.89 on Tuesday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a twelve month low of $19.12 and a twelve month high of $22.05. The company has a 50 day moving average of $20.76 and a 200-day moving average of $21.16.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be issued a dividend of $0.131 per share. The ex-dividend date is Tuesday, June 9th. This represents a c) annualized dividend and a yield of 7.5%.

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.