Avior Wealth Management LLC Grows Stock Holdings in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Avior Wealth Management LLC increased its holdings in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 30.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 23,665 shares of the company’s stock after acquiring an additional 5,557 shares during the quarter. Avior Wealth Management LLC’s holdings in Franklin Limited Duration Income Trust were worth $158,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of the stock. Pathstone Holdings LLC increased its holdings in Franklin Limited Duration Income Trust by 20.6% in the third quarter. Pathstone Holdings LLC now owns 1,758,725 shares of the company’s stock valued at $11,731,000 after buying an additional 300,528 shares in the last quarter. Covenant Partners LLC acquired a new stake in shares of Franklin Limited Duration Income Trust during the 3rd quarter valued at about $69,000. SeaCrest Wealth Management LLC increased its stake in shares of Franklin Limited Duration Income Trust by 5.9% in the 3rd quarter. SeaCrest Wealth Management LLC now owns 44,561 shares of the company’s stock valued at $297,000 after purchasing an additional 2,498 shares in the last quarter. Oliver Lagore Vanvalin Investment Group raised its holdings in Franklin Limited Duration Income Trust by 15.7% in the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 12,519 shares of the company’s stock worth $79,000 after purchasing an additional 1,700 shares during the period. Finally, Choreo LLC purchased a new position in Franklin Limited Duration Income Trust during the second quarter worth approximately $85,000.

Franklin Limited Duration Income Trust Stock Performance

Shares of FTF opened at $6.60 on Friday. Franklin Limited Duration Income Trust has a 12 month low of $6.08 and a 12 month high of $6.83.

Franklin Limited Duration Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Monday, November 18th will be issued a $0.0615 dividend. This represents a $0.74 annualized dividend and a yield of 11.18%. The ex-dividend date is Monday, November 18th.

Franklin Limited Duration Income Trust Profile

Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds.