Cohen & Steers Limited Duration Preferred and Income Fund (NYSE:LDP) Stock Breaks Below Fifty Day Moving Average – Time to Sell?

Shares of Cohen & Steers Limited Duration Preferred and Income Fund, Inc. (NYSE:LDP) passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $19.37 and traded as low as $19.10. Cohen & Steers Limited Duration Preferred and Income Fund shares last traded at $19.2450, with a volume of 63,771 shares traded.

Cohen & Steers Limited Duration Preferred and Income Fund Price Performance

The firm has a 50 day moving average of $19.37 and a 200-day moving average of $20.44.

Institutional Trading of Cohen & Steers Limited Duration Preferred and Income Fund

Several large investors have recently bought and sold shares of LDP. HighTower Advisors LLC acquired a new position in shares of Cohen & Steers Limited Duration Preferred and Income Fund during the third quarter worth $204,000. Lido Advisors LLC lifted its holdings in Cohen & Steers Limited Duration Preferred and Income Fund by 29.9% in the third quarter. Lido Advisors LLC now owns 56,985 shares of the company’s stock valued at $1,102,000 after buying an additional 13,110 shares during the period. Glaxis Capital Management LLC boosted its position in shares of Cohen & Steers Limited Duration Preferred and Income Fund by 1.2% during the 3rd quarter. Glaxis Capital Management LLC now owns 273,350 shares of the company’s stock valued at $5,287,000 after purchasing an additional 3,350 shares in the last quarter. Kestra Advisory Services LLC boosted its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 8.0% during the third quarter. Kestra Advisory Services LLC now owns 14,794 shares of the company’s stock worth $286,000 after acquiring an additional 1,090 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its stake in Cohen & Steers Limited Duration Preferred and Income Fund by 4.9% in the third quarter. Chicago Partners Investment Group LLC now owns 491,612 shares of the company’s stock valued at $9,178,000 after purchasing an additional 22,839 shares in the last quarter.

Cohen & Steers Limited Duration Preferred and Income Fund Company Profile

Cohen & Steers Limited Duration Preferred and Income Fund is a closed-end investment fund listed on the New York Stock Exchange under the symbol LDP. The fund is managed by Cohen & Steers Capital Management, an investment manager known for its focus on real assets and income-oriented strategies. The fund seeks to provide current income and total return by investing primarily in preferred securities and other income-producing investments. Its portfolio may include preferred stocks, corporate debt securities and other fixed-income instruments issued by companies in a range of industries and geographic regions.