141,598 Shares in BlackRock Limited Duration Income Trust $BLW Purchased by NewEdge Wealth LLC

NewEdge Wealth LLC bought a new stake in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 141,598 shares of the investment management company’s stock, valued at approximately $1,972,000.

A number of other large investors also recently added to or reduced their stakes in the business. Newbridge Financial Services Group Inc. purchased a new stake in BlackRock Limited Duration Income Trust during the 2nd quarter valued at approximately $42,000. Readystate Asset Management LP purchased a new position in BlackRock Limited Duration Income Trust during the third quarter valued at $150,000. Moloney Securities Asset Management LLC purchased a new position in BlackRock Limited Duration Income Trust during the third quarter valued at $154,000. Samalin Investment Counsel LLC bought a new stake in BlackRock Limited Duration Income Trust in the 3rd quarter valued at $170,000. Finally, U.S. Capital Wealth Advisors LLC purchased a new stake in BlackRock Limited Duration Income Trust in the 3rd quarter worth $201,000.

BlackRock Limited Duration Income Trust Price Performance

BLW opened at $13.75 on Friday. The firm has a 50-day simple moving average of $13.75 and a two-hundred day simple moving average of $13.90. BlackRock Limited Duration Income Trust has a 52 week low of $12.48 and a 52 week high of $14.47.

BlackRock Limited Duration Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, March 13th will be issued a dividend of $0.1132 per share. This represents a c) annualized dividend and a yield of 9.9%. The ex-dividend date is Friday, March 13th.

BlackRock Limited Duration Income Trust Company Profile

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.