First Trust Advisors LP decreased its position in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 73.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 30,781 shares of the company’s stock after selling 84,539 shares during the period. First Trust Advisors LP’s holdings in Franklin Limited Duration Income Trust were worth $336,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of FTF. Sheaff Brock Investment Advisors LLC purchased a new stake in shares of Franklin Limited Duration Income Trust in the 2nd quarter valued at approximately $109,000. Stifel Financial Corp lifted its holdings in shares of Franklin Limited Duration Income Trust by 191.2% in the 1st quarter. Stifel Financial Corp now owns 31,483 shares of the company’s stock worth $351,000 after acquiring an additional 20,673 shares during the last quarter. Stratos Wealth Partners LTD. lifted its holdings in shares of Franklin Limited Duration Income Trust by 742.1% in the 1st quarter. Stratos Wealth Partners LTD. now owns 33,767 shares of the company’s stock worth $377,000 after acquiring an additional 29,757 shares during the last quarter. SG Americas Securities LLC acquired a new position in shares of Franklin Limited Duration Income Trust in the 1st quarter worth approximately $564,000. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Franklin Limited Duration Income Trust by 8.8% in the 2nd quarter. Commonwealth Equity Services LLC now owns 56,189 shares of the company’s stock worth $614,000 after acquiring an additional 4,542 shares during the last quarter.

Shares of FTF stock opened at $10.16 on Tuesday. Franklin Limited Duration Income Trust has a one year low of $10.15 and a one year high of $12.13.

The business also recently disclosed a sep 18 dividend, which will be paid on Monday, October 15th. Stockholders of record on Friday, September 28th will be issued a $0.097 dividend. The ex-dividend date is Thursday, September 27th. This represents a dividend yield of 10.29%.

Franklin Limited Duration Income Trust Profile

Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds.

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Institutional Ownership by Quarter for Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

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