Readystate Asset Management LP Makes New Investment in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $LDP

Readystate Asset Management LP acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) during the first quarter, Holdings Channel reports. The institutional investor acquired 26,682 shares of the company’s stock, valued at approximately $533,000.

Several other institutional investors have also recently made changes to their positions in LDP. Cetera Investment Advisers lifted its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 3.3% in the 2nd quarter. Cetera Investment Advisers now owns 18,267 shares of the company’s stock valued at $383,000 after purchasing an additional 587 shares during the period. Invesco Ltd. grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 0.9% during the second quarter. Invesco Ltd. now owns 442,605 shares of the company’s stock valued at $9,286,000 after buying an additional 3,997 shares during the period. Baird Financial Group Inc. grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 0.5% during the second quarter. Baird Financial Group Inc. now owns 142,096 shares of the company’s stock valued at $2,981,000 after buying an additional 761 shares during the period. Geneos Wealth Management Inc. grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 205.7% during the second quarter. Geneos Wealth Management Inc. now owns 1,507 shares of the company’s stock valued at $32,000 after buying an additional 1,014 shares during the period. Finally, Creative Planning increased its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 5.9% in the third quarter. Creative Planning now owns 12,070 shares of the company’s stock valued at $262,000 after buying an additional 670 shares in the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Down 1.0%

Shares of Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.40 on Thursday. The firm has a 50-day simple moving average of $20.83 and a two-hundred day simple moving average of $20.87. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a fifty-two week low of $19.35 and a fifty-two week high of $22.05.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 8th will be given a dividend of $0.131 per share. The ex-dividend date is Tuesday, September 8th. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%.

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.