WJ Financial Advisors LLC Makes New Investment in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $LDP

WJ Financial Advisors LLC bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) during the 3rd quarter, Holdings Channel reports. The firm bought 52,714 shares of the company’s stock, valued at approximately $1,142,000. Cohen & Steers Limited Duration Preferred and Income Fund comprises approximately 1.1% of WJ Financial Advisors LLC’s portfolio, making the stock its 25th biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LDP. Geneos Wealth Management Inc. boosted its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 205.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,507 shares of the company’s stock worth $32,000 after purchasing an additional 1,014 shares in the last quarter. Newbridge Financial Services Group Inc. bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the second quarter valued at about $62,000. Vermillion Wealth Management Inc. raised its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 102.0% in the third quarter. Vermillion Wealth Management Inc. now owns 3,508 shares of the company’s stock valued at $76,000 after buying an additional 1,771 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter worth about $204,000. Finally, Smith Asset Management Co. LLC bought a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 3rd quarter worth about $220,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 0.3%

Shares of NYSE LDP opened at $21.37 on Friday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 1-year low of $18.38 and a 1-year high of $22.05. The company has a 50-day moving average of $21.29 and a two-hundred day moving average of $21.42.

Cohen & Steers Limited Duration Preferred and Income Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 10th will be given a dividend of $0.131 per share. The ex-dividend date is Tuesday, March 10th. This represents a c) dividend on an annualized basis and a dividend yield of 7.4%.

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.