Rockefeller Capital Management L.P. Decreases Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Rockefeller Capital Management L.P. reduced its stake in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 1.3% during the 4th quarter, Holdings Channel reports. The fund owned 53,368 shares of the company’s stock after selling 725 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $1,078,000 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 stock. Raymond James Financial Inc. purchased a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the 4th quarter valued at about $8,092,000. Thomas J. Herzfeld Advisors Inc. grew its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 11.8% during the 4th quarter. Thomas J. Herzfeld Advisors Inc. now owns 186,703 shares of the company’s stock worth $3,771,000 after acquiring an additional 19,743 shares in the last quarter. Greatmark Investment Partners Inc. increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.7% in the 4th quarter. Greatmark Investment Partners Inc. now owns 171,425 shares of the company’s stock valued at $3,463,000 after purchasing an additional 2,900 shares during the last quarter. Synovus Financial Corp raised its holdings in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 0.4% in the 3rd quarter. Synovus Financial Corp now owns 164,008 shares of the company’s stock valued at $3,567,000 after purchasing an additional 590 shares in the last quarter. Finally, NewEdge Wealth LLC lifted its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 3.6% during the 4th quarter. NewEdge Wealth LLC now owns 152,981 shares of the company’s stock worth $3,090,000 after purchasing an additional 5,300 shares during the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

NYSE:LDP opened at $19.15 on Tuesday. The business’s fifty day moving average price is $20.16 and its 200 day moving average price is $20.63. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 12 month low of $18.38 and a 12 month high of $21.87.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The firm also recently announced a — dividend, which will be paid on Monday, June 30th. Stockholders of record on Tuesday, June 10th will be given a dividend of $0.131 per share. This represents a dividend yield of 7.7%. The ex-dividend date of this dividend is Tuesday, June 10th.

Cohen & Steers Limited Duration Preferred and Income Fund Profile

Cohen & Steers Ltd. Duration Preferred & Income Fund, Inc is a diversified and closed-end management investment company, which invests in the preferred and other securities issued by the U.S. and non-U.S. companies. Its objective is to provide high current income and capital appreciation. The company was founded on May 5, 2012 and is headquartered in New York, NY.