BlackRock Limited Duration Income Trust (NYSE:BLW) Shares Sold by CoreCap Advisors LLC

CoreCap Advisors LLC lessened its position in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 24.2% in the 4th quarter, HoldingsChannel reports. The fund owned 4,652 shares of the investment management company’s stock after selling 1,484 shares during the period. CoreCap Advisors LLC’s holdings in BlackRock Limited Duration Income Trust were worth $66,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in BLW. Raymond James Financial Inc. acquired a new position in BlackRock Limited Duration Income Trust during the 4th quarter worth approximately $3,902,000. Guggenheim Capital LLC grew its holdings in BlackRock Limited Duration Income Trust by 28.4% during the 4th quarter. Guggenheim Capital LLC now owns 666,783 shares of the investment management company’s stock worth $9,422,000 after acquiring an additional 147,370 shares in the last quarter. Invesco Ltd. grew its holdings in BlackRock Limited Duration Income Trust by 10.4% during the 4th quarter. Invesco Ltd. now owns 342,804 shares of the investment management company’s stock worth $4,844,000 after acquiring an additional 32,200 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in shares of BlackRock Limited Duration Income Trust by 2.7% in the 4th quarter. Wells Fargo & Company MN now owns 924,949 shares of the investment management company’s stock valued at $13,070,000 after buying an additional 24,754 shares in the last quarter. Finally, Round Rock Advisors LLC acquired a new position in shares of BlackRock Limited Duration Income Trust in the 4th quarter valued at $190,000.

BlackRock Limited Duration Income Trust Stock Performance

Shares of BlackRock Limited Duration Income Trust stock opened at $14.14 on Wednesday. The company has a fifty day simple moving average of $13.75 and a 200-day simple moving average of $14.07. BlackRock Limited Duration Income Trust has a 12-month low of $12.48 and a 12-month high of $14.63.

BlackRock Limited Duration Income Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a $0.1132 dividend. This represents a $1.36 annualized dividend and a dividend yield of 9.61%. The ex-dividend date is Thursday, May 15th.

About BlackRock Limited Duration Income Trust

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.