UBS Group AG Has $29.24 Million Stake in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $LDP

UBS Group AG decreased its position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 1.8% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,380,950 shares of the company’s stock after selling 25,551 shares during the period. UBS Group AG’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $29,235,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in LDP. Geneos Wealth Management Inc. grew its position in shares of 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 valued at $32,000 after purchasing an additional 1,014 shares during the last quarter. Wealth Enhancement Advisory Services LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at approximately $204,000. Smith Asset Management Co. LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at approximately $220,000. Creative Planning grew its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 5.9% in the third 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 last quarter. Finally, Caprock Group LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at approximately $321,000.

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

Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $21.06 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 stock’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 Dividend Announcement

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 given a $0.131 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 7.5%.

About Cohen & Steers Limited Duration Preferred and Income Fund

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.