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

Readystate Asset Management LP purchased a new position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 26,682 shares of the company’s stock, valued at approximately $533,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Glaxis Capital Management LLC lifted its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 33.2% during the 4th quarter. Glaxis Capital Management LLC now owns 231,800 shares of the company’s stock valued at $4,907,000 after acquiring an additional 57,800 shares during the period. Platt Wealth Management LLC acquired a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the fourth quarter worth $1,762,000. Breachway Investments LLC purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter worth $1,013,000. Fifth Third Bancorp purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the first quarter worth $637,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in Cohen & Steers Limited Duration Preferred and Income Fund by 20,581.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,316,921 shares of the company’s stock valued at $49,049,000 after purchasing an additional 2,305,718 shares during the period.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

NYSE LDP opened at $20.40 on Thursday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 1 year low of $19.35 and a 1 year high of $22.05. The company has a fifty day moving average of $20.83 and a 200 day moving average of $20.87.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 8th will be paid 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%.

Cohen & Steers Limited Duration Preferred and Income Fund Profile

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.