Glaxis Capital Management LLC Has $2.78 Million Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Glaxis Capital Management LLC raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 13.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 128,000 shares of the company’s stock after buying an additional 15,000 shares during the quarter. Cohen & Steers Limited Duration Preferred and Income Fund comprises 10.7% of Glaxis Capital Management LLC’s portfolio, making the stock its 2nd biggest position. Glaxis Capital Management LLC’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $2,784,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of LDP. Raymond James & Associates raised its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 1,096.5% in the third quarter. Raymond James & Associates now owns 373,297 shares of the company’s stock worth $8,119,000 after purchasing an additional 342,097 shares during the period. Envestnet Asset Management Inc. raised its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 12.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 154,351 shares of the company’s stock worth $3,072,000 after buying an additional 16,964 shares during the period. Sanctuary Advisors LLC bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the second quarter worth about $6,994,000. Janney Montgomery Scott LLC lifted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 90.7% during the first quarter. Janney Montgomery Scott LLC now owns 21,013 shares of the company’s stock worth $422,000 after acquiring an additional 9,994 shares in the last quarter. Finally, Creative Planning grew its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 14.9% in the third quarter. Creative Planning now owns 24,583 shares of the company’s stock valued at $535,000 after acquiring an additional 3,183 shares during the period.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Up 0.0 %

NYSE LDP opened at $20.94 on Wednesday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a one year low of $17.69 and a one year high of $21.87. The stock’s 50-day moving average is $21.25 and its 200-day moving average is $20.37.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, October 31st. Shareholders of record on Wednesday, October 16th were paid a $0.131 dividend. This represents a yield of 7.25%. The ex-dividend date of this dividend was Tuesday, October 15th.

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.