Relative Value Partners Group LLC lowered its position in BlackRock Ltd. Duration Income Trust (NYSE:BLW) by 1.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 373,149 shares of the investment management company’s stock after selling 3,878 shares during the quarter. Relative Value Partners Group LLC’s holdings in BlackRock Ltd. Duration Income Trust were worth $5,485,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in BLW. Janney Montgomery Scott LLC lifted its stake in BlackRock Ltd. Duration Income Trust by 45.4% during the fourth quarter. Janney Montgomery Scott LLC now owns 26,474 shares of the investment management company’s stock valued at $354,000 after purchasing an additional 8,261 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its position in shares of BlackRock Ltd. Duration Income Trust by 5.0% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 36,633 shares of the investment management company’s stock valued at $490,000 after acquiring an additional 1,746 shares in the last quarter. Private Management Group Inc. lifted its position in shares of BlackRock Ltd. Duration Income Trust by 28.4% in the 4th quarter. Private Management Group Inc. now owns 595,798 shares of the investment management company’s stock valued at $7,966,000 after acquiring an additional 131,722 shares in the last quarter. Pointe Capital Management LLC lifted its position in shares of BlackRock Ltd. Duration Income Trust by 6.2% in the 4th quarter. Pointe Capital Management LLC now owns 85,215 shares of the investment management company’s stock valued at $1,139,000 after acquiring an additional 4,938 shares in the last quarter. Finally, HL Financial Services LLC lifted its position in shares of BlackRock Ltd. Duration Income Trust by 2.7% in the 4th quarter. HL Financial Services LLC now owns 66,015 shares of the investment management company’s stock valued at $883,000 after acquiring an additional 1,715 shares in the last quarter.

Shares of NYSE:BLW traded up $0.12 during mid-day trading on Friday, hitting $14.89. The stock had a trading volume of 200 shares, compared to its average volume of 86,801. BlackRock Ltd. Duration Income Trust has a 12-month low of $13.00 and a 12-month high of $15.09.

The company also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a $0.079 dividend. The ex-dividend date is Thursday, June 13th. This represents a $0.95 annualized dividend and a dividend yield of 6.37%.

In related news, CEO Stephen Bird sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $69.33, for a total value of $2,079,900.00. Following the completion of the sale, the chief executive officer now owns 261,626 shares in the company, valued at approximately $18,138,530.58. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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BlackRock Ltd. Duration Income Trust Profile

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.

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

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