BlackRock Limited Duration Income Trust (NYSE:BLW) Shares Sold by Peregrine Asset Advisers Inc.

Peregrine Asset Advisers Inc. lessened its position in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 7.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 58,864 shares of the investment management company’s stock after selling 4,408 shares during the quarter. Peregrine Asset Advisers Inc.’s holdings in BlackRock Limited Duration Income Trust were worth $832,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in BLW. Principal Securities Inc. raised its position in BlackRock Limited Duration Income Trust by 95.3% in the third quarter. Principal Securities Inc. now owns 213,901 shares of the investment management company’s stock valued at $3,097,000 after purchasing an additional 104,388 shares during the period. Round Rock Advisors LLC acquired a new stake in shares of BlackRock Limited Duration Income Trust during the 4th quarter worth about $190,000. Prospera Financial Services Inc raised its holdings in BlackRock Limited Duration Income Trust by 18.7% in 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 during the period. MML Investors Services LLC lifted its position in BlackRock Limited Duration Income Trust by 14.2% in the third quarter. MML Investors Services LLC now owns 15,012 shares of the investment management company’s stock valued at $217,000 after buying an additional 1,864 shares during the last quarter. Finally, Consolidated Portfolio Review Corp lifted its position in BlackRock Limited Duration Income Trust by 3.3% in the third quarter. Consolidated Portfolio Review Corp now owns 27,435 shares of the investment management company’s stock valued at $397,000 after buying an additional 876 shares during the last quarter.

BlackRock Limited Duration Income Trust Trading Down 0.3 %

Shares of BLW opened at $14.22 on Friday. The firm has a 50-day simple moving average of $14.22 and a two-hundred day simple moving average of $14.30. BlackRock Limited Duration Income Trust has a 1-year low of $13.24 and a 1-year high of $14.63.

BlackRock Limited Duration Income Trust Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be issued a $0.1132 dividend. This represents a $1.36 annualized dividend and a yield of 9.55%. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09.

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.