Invesco Ltd. Cuts Holdings in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Invesco Ltd. lowered its holdings in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 13.1% in the 4th quarter, Holdings Channel reports. The firm owned 395,193 shares of the company’s stock after selling 59,647 shares during the period. Invesco Ltd.’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $7,983,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Wolverine Asset Management LLC bought a new stake in Cohen & Steers Limited Duration Preferred and Income Fund in the 4th quarter worth approximately $86,000. Magnus Financial Group LLC purchased a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the fourth quarter valued at $299,000. Wilmington Savings Fund Society FSB bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter valued at about $326,000. Janney Montgomery Scott LLC grew its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 28.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 19,720 shares of the company’s stock valued at $398,000 after purchasing an additional 4,395 shares during the period. Finally, Wealthcare Advisory Partners LLC purchased a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the 4th quarter valued at about $481,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Shares of NYSE LDP opened at $19.52 on Friday. 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. The firm has a 50 day moving average of $20.07 and a 200 day moving average of $20.60.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

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

Cohen & Steers Limited Duration Preferred and Income Fund Company 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.