BlackRock Limited Duration Income Trust (BLW) to Issue Monthly Dividend of $0.11 on August 31st

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Friday, June 5th. Stockholders of record on Friday, August 14th will be given a dividend of 0.1132 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 10.8%. The ex-dividend date is Friday, August 14th.

BlackRock Limited Duration Income Trust Trading Down 0.1%

NYSE:BLW opened at $12.61 on Wednesday. The stock has a 50 day moving average of $12.49 and a two-hundred day moving average of $12.85. BlackRock Limited Duration Income Trust has a 12 month low of $12.06 and a 12 month high of $14.30.

Institutional Trading of BlackRock Limited Duration Income Trust

A number of hedge funds have recently bought and sold shares of BLW. Lido Advisors LLC acquired a new stake in BlackRock Limited Duration Income Trust during the fourth quarter worth about $956,000. Morgan Stanley lifted its position in BlackRock Limited Duration Income Trust by 1.2% in the fourth quarter. Morgan Stanley now owns 4,593,229 shares of the investment management company’s stock valued at $63,111,000 after buying an additional 55,856 shares during the last quarter. UBS Group AG raised its holdings in shares of BlackRock Limited Duration Income Trust by 8.9% in the 3rd quarter. UBS Group AG now owns 649,166 shares of the investment management company’s stock valued at $9,088,000 after buying an additional 52,821 shares during the period. Fiera Capital Corp lifted its stake in BlackRock Limited Duration Income Trust by 29.0% during the 4th quarter. Fiera Capital Corp now owns 153,453 shares of the investment management company’s stock worth $2,108,000 after acquiring an additional 34,480 shares in the last quarter. Finally, Venture Visionary Partners LLC boosted its holdings in BlackRock Limited Duration Income Trust by 10.5% during the 4th quarter. Venture Visionary Partners LLC now owns 267,792 shares of the investment management company’s stock valued at $3,679,000 after acquiring an additional 25,530 shares during the period.

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.