Wolverine Asset Management LLC Takes Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Wolverine Asset Management LLC purchased a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 4,252 shares of the company’s stock, valued at approximately $86,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Magnus Financial Group LLC bought a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter valued at about $299,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the third quarter valued at about $326,000. Caprock Group LLC bought a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the third quarter valued at about $327,000. Prospera Financial Services Inc increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 4.4% during the third quarter. Prospera Financial Services Inc now owns 16,076 shares of the company’s stock valued at $350,000 after buying an additional 676 shares during the period. Finally, Janney Montgomery Scott LLC increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 28.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 19,720 shares of the company’s stock worth $398,000 after purchasing an additional 4,395 shares during the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

LDP stock opened at $20.83 on Tuesday. The company’s 50 day moving average is $20.58 and its 200 day moving average is $20.81. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 1-year low of $18.81 and a 1-year high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

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

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.