Bessemer Group Inc. Has $2.78 Million Position in Cohen & Steers Limited Drtn Prfd&Incm Fd (LDP)

Bessemer Group Inc. cut its stake in Cohen & Steers Limited Drtn Prfd&Incm Fd (NYSE:LDP) by 62.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 116,845 shares of the company’s stock after selling 197,426 shares during the quarter. Bessemer Group Inc.’s holdings in Cohen & Steers Limited Drtn Prfd&Incm Fd were worth $2,782,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Signaturefd LLC bought a new stake in Cohen & Steers Limited Drtn Prfd&Incm Fd in the second quarter worth $131,000. Wells Fargo & Company MN lifted its position in Cohen & Steers Limited Drtn Prfd&Incm Fd by 12.5% in the third quarter. Wells Fargo & Company MN now owns 50,541 shares of the company’s stock worth $1,204,000 after buying an additional 5,615 shares during the last quarter. B. Riley Financial Inc. lifted its position in Cohen & Steers Limited Drtn Prfd&Incm Fd by 21.0% in the second quarter. B. Riley Financial Inc. now owns 33,256 shares of the company’s stock worth $850,000 after buying an additional 5,781 shares during the last quarter. We Are One Seven LLC purchased a new stake in Cohen & Steers Limited Drtn Prfd&Incm Fd in the third quarter worth $212,000. Finally, Greatmark Investment Partners Inc. increased its stake in Cohen & Steers Limited Drtn Prfd&Incm Fd by 86.5% in the third quarter. Greatmark Investment Partners Inc. now owns 32,680 shares of the company’s stock worth $778,000 after purchasing an additional 15,155 shares during the period.

LDP stock opened at $22.61 on Friday. Cohen & Steers Limited Drtn Prfd&Incm Fd has a twelve month low of $22.52 and a twelve month high of $26.65.

The firm also recently announced a monthly dividend, which will be paid on Friday, November 30th. Shareholders of record on Wednesday, November 14th will be paid a $0.156 dividend. The ex-dividend date of this dividend is Tuesday, November 13th. This represents a $1.87 dividend on an annualized basis and a yield of 8.28%.

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Cohen & Steers Limited Drtn Prfd&Incm Fd Profile

Cohen & Steers Limited Duration Preferred and Income Fund, Inc is a closed-ended fixed income fund launched by Cohen & Steers, Inc The fund is managed by Cohen & Steers Capital Management, Inc It invests in fixed income markets across the globe. The fund uses derivatives like interest rate swaps to make its investments.

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Institutional Ownership by Quarter for Cohen & Steers Limited Drtn Prfd&Incm Fd (NYSE:LDP)

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