Fiera Capital Corp Has $1.47 Million Stock Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP)

Fiera Capital Corp grew its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) by 3.9% during the third quarter, Holdings Channel.com reports. The institutional investor owned 67,425 shares of the company’s stock after acquiring an additional 2,562 shares during the quarter. Fiera Capital Corp’s holdings in Cohen & Steers Limited Duration Preferred and Income Fund were worth $1,466,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in LDP. Janney Montgomery Scott LLC boosted 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 buying an additional 9,994 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 12.0% during the first quarter. Oppenheimer & Co. Inc. now owns 36,429 shares of the company’s stock worth $731,000 after buying an additional 3,896 shares during the last quarter. Glaxis Capital Management LLC boosted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 11.5% during the first quarter. Glaxis Capital Management LLC now owns 103,000 shares of the company’s stock worth $2,068,000 after buying an additional 10,584 shares during the last quarter. Atria Investments Inc bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the first quarter worth about $6,306,000. Finally, Lynx Investment Advisory bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund during the second quarter worth about $39,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Performance

Shares of LDP opened at $21.62 on Friday. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 1 year low of $17.18 and a 1 year high of $21.87. The stock’s 50-day moving average price is $21.15 and its two-hundred day moving average price is $20.28.

Cohen & Steers Limited Duration Preferred and Income Fund Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, October 31st. Stockholders of record on Wednesday, October 16th were issued a dividend of $0.131 per share. This represents a dividend 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.