Glaxis Capital Management LLC Grows Stock Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $LDP

Glaxis Capital Management LLC raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 33.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 231,800 shares of the company’s stock after acquiring an additional 57,800 shares during the period. Cohen & Steers Limited Duration Preferred and Income Fund comprises 8.3% of Glaxis Capital Management LLC’s holdings, making the stock its 4th biggest holding. Glaxis Capital Management LLC’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $4,907,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 20,581.3% in 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 acquiring an additional 2,305,718 shares during the last quarter. Invesco Ltd. grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 2.1% in the third quarter. Invesco Ltd. now owns 451,782 shares of the company’s stock valued at $9,790,000 after acquiring an additional 9,177 shares during the last quarter. Chicago Partners Investment Group LLC grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 3.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 448,940 shares of the company’s stock valued at $9,562,000 after acquiring an additional 15,767 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 12.5% in the third quarter. Envestnet Asset Management Inc. now owns 239,403 shares of the company’s stock valued at $5,188,000 after acquiring an additional 26,506 shares during the last quarter. Finally, LPL Financial LLC grew its position in Cohen & Steers Limited Duration Preferred and Income Fund by 5.7% in the fourth quarter. LPL Financial LLC now owns 147,190 shares of the company’s stock valued at $3,116,000 after acquiring an additional 7,872 shares during the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Trading Up 0.1%

Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.61 on Friday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 12-month low of $19.35 and a 12-month high of $22.05. The business’s 50-day moving average price is $20.69 and its two-hundred day moving average price is $20.95.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be given a $0.131 dividend. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date is Tuesday, June 9th.

Cohen & Steers Limited Duration Preferred and Income Fund Company 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.