Glaxis Capital Management LLC Raises Stock Holdings in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $LDP

Glaxis Capital Management LLC increased its stake in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 33.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 231,800 shares of the company’s stock after purchasing an additional 57,800 shares during the period. Cohen & Steers Limited Duration Preferred and Income Fund makes up 8.3% of Glaxis Capital Management LLC’s holdings, making the stock its 4th biggest holding. Glaxis Capital Management LLC’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $4,907,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 12.5% in the third quarter. Envestnet Asset Management Inc. now owns 239,403 shares of the company’s stock worth $5,188,000 after purchasing an additional 26,506 shares during the period. PMG Family Office LLC bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter worth $580,000. Platt Wealth Management LLC bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the fourth quarter worth $1,762,000. Breachway Investments LLC bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the fourth quarter worth $1,013,000. Finally, WJ Financial Advisors LLC bought a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter worth $1,142,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Shares of NYSE LDP opened at $20.61 on Friday. 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. The stock’s fifty day moving average is $20.69 and its 200 day moving average is $20.95.

Cohen & Steers Limited Duration Preferred and Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be given a $0.131 dividend. The ex-dividend date is Tuesday, June 9th. This represents a c) dividend on an annualized basis and a dividend yield of 7.6%.

Cohen & Steers Limited Duration Preferred and Income Fund Company 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.