Raymond James & Associates Sells 2,359 Shares of BlackRock Limited Duration Income Trust (NYSE:BLW)

Raymond James & Associates reduced its holdings in BlackRock Limited Duration Income Trust (NYSE:BLW) by 5.1% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 43,573 shares of the investment management company’s stock after selling 2,359 shares during the quarter. Raymond James & Associates’ holdings in BlackRock Limited Duration Income Trust were worth $609,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in BLW. Peregrine Asset Advisers Inc. bought a new position in BlackRock Limited Duration Income Trust in the 3rd quarter worth about $826,000. Shaker Financial Services LLC increased its position in shares of BlackRock Limited Duration Income Trust by 24.9% during the 3rd quarter. Shaker Financial Services LLC now owns 150,760 shares of the investment management company’s stock valued at $1,942,000 after purchasing an additional 30,080 shares during the last quarter. NBC Securities Inc. bought a new position in shares of BlackRock Limited Duration Income Trust during the 3rd quarter valued at about $437,000. Pointe Capital Management LLC increased its position in shares of BlackRock Limited Duration Income Trust by 5.3% during the 3rd quarter. Pointe Capital Management LLC now owns 25,965 shares of the investment management company’s stock valued at $334,000 after purchasing an additional 1,300 shares during the last quarter. Finally, Virtus ETF Advisers LLC increased its position in shares of BlackRock Limited Duration Income Trust by 92.7% during the 3rd quarter. Virtus ETF Advisers LLC now owns 46,066 shares of the investment management company’s stock valued at $593,000 after purchasing an additional 22,158 shares during the last quarter.

BlackRock Limited Duration Income Trust Trading Down 0.9 %

Shares of BlackRock Limited Duration Income Trust stock opened at $13.47 on Thursday. The business’s 50-day moving average price is $13.90 and its 200-day moving average price is $13.53. BlackRock Limited Duration Income Trust has a 12 month low of $12.35 and a 12 month high of $14.26.

BlackRock Limited Duration Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be given a dividend of $0.108 per share. The ex-dividend date of this dividend is Friday, April 12th. This represents a $1.30 annualized dividend and a dividend yield of 9.62%.

BlackRock Limited Duration Income Trust Profile

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.