Magnus Financial Group LLC Purchases Shares of 14,800 Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Magnus Financial Group LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) in the 4th quarter, Holdings Channel.com reports. The fund acquired 14,800 shares of the company’s stock, valued at approximately $299,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Synovus Financial Corp grew its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 0.4% in the 3rd quarter. Synovus Financial Corp now owns 164,008 shares of the company’s stock worth $3,567,000 after buying an additional 590 shares in the last quarter. Prospera Financial Services Inc lifted its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 4.4% in the 3rd quarter. Prospera Financial Services Inc now owns 16,076 shares of the company’s stock valued at $350,000 after acquiring an additional 676 shares during the last quarter. Carmichael Hill & Associates Inc. grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 2.0% in the third quarter. Carmichael Hill & Associates Inc. now owns 55,564 shares of the company’s stock worth $1,209,000 after acquiring an additional 1,106 shares in the last quarter. Creative Planning grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 6.8% in the second quarter. Creative Planning now owns 21,400 shares of the company’s stock worth $426,000 after acquiring an additional 1,368 shares in the last quarter. Finally, Fiera Capital Corp increased its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 3.9% during the third quarter. Fiera Capital Corp now owns 67,425 shares of the company’s stock worth $1,466,000 after acquiring an additional 2,562 shares during the last quarter.

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

NYSE:LDP opened at $20.52 on Thursday. The business has a 50 day simple moving average of $20.68 and a 200-day simple moving average of $20.66. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 1 year low of $18.78 and a 1 year high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be given a $0.131 dividend. The ex-dividend date of this dividend is Tuesday, January 14th. This represents a yield of 7.83%.

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.