UBS Group AG Sells 25,551 Shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $LDP

UBS Group AG trimmed its position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 1.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,380,950 shares of the company’s stock after selling 25,551 shares during the quarter. UBS Group AG’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $29,235,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of LDP. Geneos Wealth Management Inc. raised its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 205.7% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,507 shares of the company’s stock valued at $32,000 after purchasing an additional 1,014 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter valued at about $204,000. Smith Asset Management Co. LLC bought a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter valued at about $220,000. Creative Planning raised its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 5.9% in the 3rd quarter. Creative Planning now owns 12,070 shares of the company’s stock valued at $262,000 after purchasing an additional 670 shares during the period. Finally, Caprock Group LLC bought a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter valued at about $321,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 0.5%

Shares of LDP stock opened at $21.06 on Friday. The firm’s 50-day moving average is $20.65 and its 200-day moving average is $21.11. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 52-week low of $19.35 and a 52-week high of $22.05.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 9th will be issued a $0.131 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date of this dividend is Tuesday, June 9th.

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.