Round Rock Advisors LLC Acquires Shares of 13,454 BlackRock Limited Duration Income Trust (NYSE:BLW)

Round Rock Advisors LLC bought a new position in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 13,454 shares of the investment management company’s stock, valued at approximately $190,000.

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

BlackRock Limited Duration Income Trust Stock Performance

NYSE:BLW opened at $14.34 on Monday. BlackRock Limited Duration Income Trust has a fifty-two week low of $13.24 and a fifty-two week high of $14.63. The firm has a 50-day simple moving average of $14.23 and a two-hundred day simple moving average of $14.27.

BlackRock Limited Duration Income Trust Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, January 31st. Investors of record on Wednesday, January 15th were given a dividend of $0.1132 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.36 annualized dividend and a dividend yield of 9.47%. This is an increase from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09.

BlackRock Limited Duration Income Trust Profile

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.