PMG Family Office LLC Takes Position in Cohen & Steers Limited Duration Preferred and Income Fund, Inc. $LDP

PMG Family Office LLC purchased a new stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) in the 3rd quarter, Holdings Channel reports. The fund purchased 26,783 shares of the company’s stock, valued at approximately $580,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Geneos Wealth Management Inc. raised its stake in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 205.7% in the second quarter. Geneos Wealth Management Inc. now owns 1,507 shares of the company’s stock valued at $32,000 after acquiring an additional 1,014 shares during the last quarter. Newbridge Financial Services Group Inc. acquired a new stake in Cohen & Steers Limited Duration Preferred and Income Fund during the 2nd quarter valued at $62,000. Vermillion Wealth Management Inc. increased its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 102.0% during the 3rd quarter. Vermillion Wealth Management Inc. now owns 3,508 shares of the company’s stock valued at $76,000 after purchasing an additional 1,771 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in Cohen & Steers Limited Duration Preferred and Income Fund in the 3rd quarter valued at $204,000. Finally, Smith Asset Management Co. LLC acquired a new position in Cohen & Steers Limited Duration Preferred and Income Fund in the third quarter worth $220,000.

Cohen & Steers Limited Duration Preferred and Income Fund Stock Down 0.2%

Cohen & Steers Limited Duration Preferred and Income Fund stock opened at $20.55 on Thursday. The stock has a 50-day simple moving average of $21.19 and a 200 day simple moving average of $21.37. Cohen & Steers Limited Duration Preferred and Income Fund, Inc. has a 12-month low of $18.38 and a 12-month high of $22.05.

Cohen & Steers Limited Duration Preferred and Income Fund 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.