BlackRock Limited Duration Income Trust (BLW) to Issue Monthly Dividend of $0.11 on September 30th

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, June 5th. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.1132 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date is Tuesday, September 15th.

BlackRock Limited Duration Income Trust Trading Down 0.2%

BLW opened at $12.35 on Friday. The business’s 50-day simple moving average is $12.64 and its 200-day simple moving average is $12.68. BlackRock Limited Duration Income Trust has a one year low of $12.06 and a one year high of $14.25.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Lido Advisors LLC purchased a new position in shares of BlackRock Limited Duration Income Trust during the fourth quarter worth about $956,000. Morgan Stanley raised its stake in BlackRock Limited Duration Income Trust by 1.2% during the 4th quarter. Morgan Stanley now owns 4,593,229 shares of the investment management company’s stock valued at $63,111,000 after acquiring an additional 55,856 shares during the last quarter. UBS Group AG raised its stake in BlackRock Limited Duration Income Trust by 8.9% during the 3rd quarter. UBS Group AG now owns 649,166 shares of the investment management company’s stock valued at $9,088,000 after acquiring an additional 52,821 shares during the last quarter. Readystate Asset Management LP acquired a new stake in BlackRock Limited Duration Income Trust during the 2nd quarter worth approximately $642,000. Finally, Fiera Capital Corp lifted its position in BlackRock Limited Duration Income Trust by 29.0% during the 4th quarter. Fiera Capital Corp now owns 153,453 shares of the investment management company’s stock worth $2,108,000 after acquiring an additional 34,480 shares during the period.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.