Capital Investment Advisors LLC Reduces Holdings in BlackRock Limited Duration Income Trust (NYSE:BLW)

Capital Investment Advisors LLC lowered its position in BlackRock Limited Duration Income Trust (NYSE:BLWFree Report) by 2.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 178,007 shares of the investment management company’s stock after selling 4,512 shares during the quarter. Capital Investment Advisors LLC’s holdings in BlackRock Limited Duration Income Trust were worth $2,515,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BLW. Principal Securities Inc. raised its position in BlackRock Limited Duration Income Trust by 95.3% in the 3rd quarter. Principal Securities Inc. now owns 213,901 shares of the investment management company’s stock worth $3,097,000 after purchasing an additional 104,388 shares during the period. Consolidated Portfolio Review Corp raised its holdings in shares of BlackRock Limited Duration Income Trust by 3.3% in the third quarter. Consolidated Portfolio Review Corp now owns 27,435 shares of the investment management company’s stock worth $397,000 after buying an additional 876 shares during the period. Annex Advisory Services LLC bought a new stake in shares of BlackRock Limited Duration Income Trust during the 3rd quarter worth approximately $223,000. MML Investors Services LLC boosted its holdings in BlackRock Limited Duration Income Trust by 14.2% during the 3rd quarter. MML Investors Services LLC now owns 15,012 shares of the investment management company’s stock valued at $217,000 after acquiring an additional 1,864 shares during the period. Finally, Prospera Financial Services Inc grew its position in BlackRock Limited Duration Income Trust by 18.7% in the 3rd quarter. Prospera Financial Services Inc now owns 12,298 shares of the investment management company’s stock valued at $178,000 after acquiring an additional 1,939 shares during the last quarter.

BlackRock Limited Duration Income Trust Trading Down 0.2 %

BLW stock opened at $14.20 on Tuesday. BlackRock Limited Duration Income Trust has a twelve month low of $13.24 and a twelve month high of $14.63. The business’s fifty day simple moving average is $14.24 and its two-hundred day simple moving average is $14.25.

BlackRock Limited Duration Income Trust Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be given a $0.1132 dividend. This represents a $1.36 annualized dividend and a yield of 9.57%. This is a boost from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. The ex-dividend date is Wednesday, January 15th.

About BlackRock Limited Duration Income Trust

(Free Report)

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.

Further Reading

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Institutional Ownership by Quarter for BlackRock Limited Duration Income Trust (NYSE:BLW)

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