BlackRock Limited Duration Income Trust (NYSE: BLW) Stake reduced by Steward Partners Investment Advisory LLC


Steward Partners Investment Advisory LLC reduced its position in shares of BlackRock Limited Duration Income Trust (NYSE: BLW – Get Rating) by 34.5% during the 1st quarter, reports HoldingsChannel.com. The company held 17,663 shares of the investment management company after selling 9,287 shares during the period. Steward Partners Investment Advisory LLC’s holdings in BlackRock Limited Duration Income Trust were worth $253,000 when it last filed with the Securities and Exchange Commission (SEC).

Several other large investors have also recently increased or reduced their stakes in BLW. Janney Montgomery Scott LLC increased its stake in BlackRock Limited Duration Income Trust by 3.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 42,777 shares of the investment management company worth $721,000 after buying 1,420 additional shares in the last quarter. Missouri Trust & Investment Co acquired a new stake in BlackRock Limited Duration Income Trust in the fourth quarter worth $53,000. Wealth Management Solutions LLC acquired a new stake in BlackRock Limited Duration Income Trust in the fourth quarter valued at $278,000. Arete Wealth Advisors LLC acquired a new stake in BlackRock Limited Duration Income Trust in the fourth quarter valued at $394,000. Finally, Fiera Capital Corp increased its position in BlackRock Limited Duration Income Trust by 2.9% in the fourth quarter. Fiera Capital Corp now owns 70,464 shares of the investment management firm worth $1,187,000 after purchasing an additional 1,964 shares during the period.

BlackRock Limited Duration Income Trust Stock up 2.0%

NYSE BLW shares opened at $13.47 on Friday. BlackRock Limited Duration Income Trust has a 1-year low of $12.13 and a 1-year high of $17.64. The company’s fifty-day moving average price is $13.00 and its two-hundred-day moving average price is $13.89.

BlackRock Limited Duration Income Trust increases its dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 29. Shareholders of record on Friday, July 15 received a dividend of $0.0981. The ex-dividend date was Thursday July 14. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. This represents an annualized dividend of $1.18 and a yield of 8.74%.

Profile of BlackRock Limited Life Income Trusts

(Get an assessment)

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

Read more

Want to see which other hedge funds hold BLW? Visit HoldingsChannel.com for the latest 13F filings and insider trading for BlackRock Limited Duration Income Trust (NYSE: BLW – Get Rating).

Institutional ownership by quarter for BlackRock Limited Duration Income Trust (NYSE: BLW)



Receive daily news and reviews for BlackRock Limited Duration Income Trust – Enter your email address below to receive a concise daily summary of breaking news and analyst notes for BlackRock Limited Duration Income Trust and related companies with MarketBeat.com’s FREE daily newsletter.

Comments are closed.