BlackRock Limited Duration Income Trust (NYSE:BLW) Stock Short Interest Report for September

BlackRock Limited Duration Income Trust (NYSE:BLW) was the recipient of a large decrease in short interest in September. As of September 30th, there was short interest totaling 28,432 shares, a decrease of 88.1% from the September 15th total of 239,297 shares. Based on an average daily trading volume, of 291,898 shares, the days-to-cover ratio is presently 0.1 days.

BlackRock Limited Duration Income Trust Trading Down 0.8%

NYSE BLW traded down $0.10 on Monday, reaching $11.75. The company had a trading volume of 185,527 shares, compared to its average volume of 149,888. The stock’s 50 day moving average is $12.31 and its 200-day moving average is $12.47. BlackRock Limited Duration Income Trust has a 52 week low of $11.43 and a 52 week high of $14.10.

BlackRock Limited Duration Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 22nd. Investors of record on Friday, December 11th will be given a $0.1132 dividend. This represents a $1.36 dividend on an annualized basis and a yield of 11.6%. The ex-dividend date of this dividend is Friday, December 11th.

Hedge Funds Weigh In On BlackRock Limited Duration Income Trust

Large investors have recently bought and sold shares of the company. Venture Visionary Partners LLC lifted its position in shares of BlackRock Limited Duration Income Trust by 10.5% in the fourth quarter. Venture Visionary Partners LLC now owns 267,792 shares of the investment management company’s stock worth $3,679,000 after purchasing an additional 25,530 shares in the last quarter. Royal Bank of Canada boosted its holdings in BlackRock Limited Duration Income Trust by 2.9% during the first quarter. Royal Bank of Canada now owns 181,162 shares of the investment management company’s stock worth $2,281,000 after purchasing an additional 5,191 shares during the last quarter. Smith Asset Management Co. LLC grew its position in BlackRock Limited Duration Income Trust by 1.9% in the fourth quarter. Smith Asset Management Co. LLC now owns 54,494 shares of the investment management company’s stock valued at $749,000 after purchasing an additional 1,003 shares in the last quarter. Wealth Alliance LLC grew its position in BlackRock Limited Duration Income Trust by 4.0% in the first quarter. Wealth Alliance LLC now owns 53,908 shares of the investment management company’s stock valued at $679,000 after purchasing an additional 2,050 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in BlackRock Limited Duration Income Trust by 1.6% in the first quarter. Cetera Investment Advisers now owns 52,515 shares of the investment management company’s stock valued at $661,000 after purchasing an additional 822 shares in the last quarter.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end investment company managed by BlackRock Advisors, LLC. The fund seeks to provide a high level of current income, with capital appreciation as a secondary objective, by investing primarily in a diversified portfolio of debt securities.

Its investments may include corporate bonds, government and agency securities, mortgage- and asset-backed securities, floating-rate loans, and other fixed-income instruments. The portfolio can include both investment-grade and below-investment-grade securities, giving the fund exposure to a range of credit markets while also introducing varying levels of credit and liquidity risk.

As a limited-duration fund, BLW is structured to maintain relatively modest sensitivity to changes in interest rates compared with longer-duration fixed-income portfolios.