Lido Advisors LLC Buys Shares of 69,578 BlackRock Limited Duration Income Trust $BLW

Lido Advisors LLC bought a new stake in BlackRock Limited Duration Income Trust (NYSE:BLW) during the fourth quarter, HoldingsChannel.com reports. The firm bought 69,578 shares of the investment management company’s stock, valued at approximately $956,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Allworth Financial LP grew its position in BlackRock Limited Duration Income Trust by 62.6% in the fourth quarter. Allworth Financial LP now owns 2,146 shares of the investment management company’s stock valued at $29,000 after acquiring an additional 826 shares during the last quarter. Verity Asset Management Inc. grew its position in BlackRock Limited Duration Income Trust by 2.3% in the third quarter. Verity Asset Management Inc. now owns 55,681 shares of the investment management company’s stock valued at $780,000 after acquiring an additional 1,243 shares during the last quarter. Jackson Hole Capital Partners LLC grew its position in BlackRock Limited Duration Income Trust by 9.6% in the fourth quarter. Jackson Hole Capital Partners LLC now owns 27,688 shares of the investment management company’s stock valued at $380,000 after acquiring an additional 2,421 shares during the last quarter. Baird Financial Group Inc. grew its position in BlackRock Limited Duration Income Trust by 2.0% in the second quarter. Baird Financial Group Inc. now owns 130,779 shares of the investment management company’s stock valued at $1,854,000 after acquiring an additional 2,576 shares during the last quarter. Finally, NBC Securities Inc. grew its position in BlackRock Limited Duration Income Trust by 5.5% in the fourth quarter. NBC Securities Inc. now owns 78,990 shares of the investment management company’s stock valued at $1,085,000 after acquiring an additional 4,099 shares during the last quarter.

BlackRock Limited Duration Income Trust Trading Up 0.4%

BlackRock Limited Duration Income Trust stock opened at $12.29 on Wednesday. BlackRock Limited Duration Income Trust has a 12-month low of $12.06 and a 12-month high of $14.30. The business’s 50-day moving average price is $12.60 and its two-hundred day moving average price is $13.25.

BlackRock Limited Duration Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a $0.1132 dividend. This represents a c) dividend on an annualized basis and a yield of 11.1%. The ex-dividend date is Tuesday, September 15th.

BlackRock Limited Duration Income Trust 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.