Wells Fargo & Company MN reduced its position in shares of BlackRock Ltd. Duration Income Trust (NYSE:BLW) by 12.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 423,185 shares of the investment management company’s stock after selling 60,642 shares during the quarter. Wells Fargo & Company MN’s holdings in BlackRock Ltd. Duration Income Trust were worth $6,348,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Private Management Group Inc. raised its stake in BlackRock Ltd. Duration Income Trust by 2.6% during the 1st quarter. Private Management Group Inc. now owns 611,140 shares of the investment management company’s stock valued at $8,984,000 after purchasing an additional 15,342 shares during the period. Capital Investment Advisors LLC grew its holdings in shares of BlackRock Ltd. Duration Income Trust by 10.6% during the 2nd quarter. Capital Investment Advisors LLC now owns 477,925 shares of the investment management company’s stock valued at $7,169,000 after acquiring an additional 45,629 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its holdings in shares of BlackRock Ltd. Duration Income Trust by 87.0% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 68,502 shares of the investment management company’s stock valued at $1,007,000 after acquiring an additional 31,869 shares in the last quarter. Robinson Capital Management LLC purchased a new position in shares of BlackRock Ltd. Duration Income Trust during the 2nd quarter valued at $738,000. Finally, Zazove Associates LLC grew its holdings in shares of BlackRock Ltd. Duration Income Trust by 108.1% during the 2nd quarter. Zazove Associates LLC now owns 38,276 shares of the investment management company’s stock valued at $276,000 after acquiring an additional 19,880 shares in the last quarter.

In other news, major shareholder Citigroup Inc sold 1,800 shares of the business’s stock in a transaction on Wednesday, June 19th. The shares were sold at an average price of $100,000.00, for a total transaction of $180,000,000.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Shares of BlackRock Ltd. Duration Income Trust stock remained flat at $$15.51 on Monday. 20,649 shares of the stock traded hands, compared to its average volume of 87,785. The stock’s 50-day moving average is $15.39 and its 200-day moving average is $14.99. BlackRock Ltd. Duration Income Trust has a fifty-two week low of $13.00 and a fifty-two week high of $15.77.

The business also recently declared a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be issued a dividend of $0.079 per share. This represents a $0.95 annualized dividend and a dividend yield of 6.11%. The ex-dividend date of this dividend is Friday, September 13th.

About BlackRock Ltd. Duration Income Trust

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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