Cambridge Investment Research Advisors Inc. decreased its position in BlackRock Limited Duration Income Trust (NYSE:BLW) by 7.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,873 shares of the investment management company’s stock after selling 3,170 shares during the quarter. Cambridge Investment Research Advisors Inc. owned about 0.11% of BlackRock Limited Duration Income Trust worth $658,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Services Advisors Inc. grew its position in shares of BlackRock Limited Duration Income Trust by 46.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 206,163 shares of the investment management company’s stock valued at $3,253,000 after purchasing an additional 65,181 shares during the last quarter. SeaBridge Investment Advisors LLC grew its position in BlackRock Limited Duration Income Trust by 25.6% during the third quarter. SeaBridge Investment Advisors LLC now owns 82,815 shares of the investment management company’s stock worth $1,334,000 after buying an additional 16,885 shares in the last quarter. Wayne Hummer Investments L.L.C. grew its position in BlackRock Limited Duration Income Trust by 1.3% during the second quarter. Wayne Hummer Investments L.L.C. now owns 13,306 shares of the investment management company’s stock worth $210,000 after buying an additional 166 shares in the last quarter. Shaker Financial Services LLC grew its position in BlackRock Limited Duration Income Trust by 112.5% during the second quarter. Shaker Financial Services LLC now owns 82,844 shares of the investment management company’s stock worth $1,307,000 after buying an additional 43,860 shares in the last quarter. Finally, HL Financial Services LLC grew its position in BlackRock Limited Duration Income Trust by 48.4% during the third quarter. HL Financial Services LLC now owns 23,000 shares of the investment management company’s stock worth $371,000 after buying an additional 7,500 shares in the last quarter.

In other BlackRock Limited Duration Income Trust news, major shareholder Citigroup Inc sold 62 shares of the firm’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of $100,000.00, for a total value of $6,200,000.00. The sale was disclosed in a filing with the SEC, which is available at this link.

Shares of BlackRock Limited Duration Income Trust (NYSE BLW) opened at $15.83 on Friday. BlackRock Limited Duration Income Trust has a twelve month low of $15.05 and a twelve month high of $16.30.

The firm also recently announced a monthly dividend, which will be paid on Thursday, November 30th. Shareholders of record on Wednesday, November 15th will be issued a $0.0795 dividend. This represents a $0.95 dividend on an annualized basis and a dividend yield of 6.03%. The ex-dividend date of this dividend is Tuesday, November 14th.

COPYRIGHT VIOLATION WARNING: This piece was originally posted by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another website, it was illegally copied and reposted in violation of US & international copyright laws. The legal version of this piece can be read at https://www.watchlistnews.com/cambridge-investment-research-advisors-inc-decreases-stake-in-blackrock-limited-duration-income-trust-blw/1725588.html.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income and capital appreciation. It seeks to achieve its investment objective by investing in three asset classes, such as intermediate duration, investment grade corporate bonds, mortgage-related securities, asset-backed securities and the United States Government and agency securities; senior, secured floating rate loans made to corporate and other business entities, and the United States dollar-denominated securities of the United States and non-United States issuers rated below investment grade or unrated and deemed by the investment advisor to be of comparable quality and, to a limited extent, non-United States dollar denominated securities of non-United States issuers rated below investment grade or unrated and deemed by the investment advisor to be of comparable quality.

Institutional Ownership by Quarter for BlackRock Limited Duration Income Trust (NYSE:BLW)

Receive News & Ratings for BlackRock Limited Duration Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Limited Duration Income Trust and related companies with Analyst Ratings Network's FREE daily email newsletter.