Moors & Cabot Inc. trimmed its stake in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Free Report) by 34.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,000 shares of the company’s stock after selling 20,000 shares during the quarter. Moors & Cabot Inc.’s holdings in Franklin Limited Duration Income Trust were worth $241,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds have also made changes to their positions in the company. Powell Investment Advisors LLC increased its holdings in Franklin Limited Duration Income Trust by 25.2% in the first quarter. Powell Investment Advisors LLC now owns 18,320 shares of the company’s stock worth $115,000 after buying an additional 3,693 shares during the last quarter. Matisse Capital increased its holdings in Franklin Limited Duration Income Trust by 37.4% in the first quarter. Matisse Capital now owns 219,397 shares of the company’s stock worth $1,376,000 after buying an additional 59,729 shares during the last quarter. StoneX Group Inc. increased its holdings in Franklin Limited Duration Income Trust by 11.4% in the first quarter. StoneX Group Inc. now owns 46,790 shares of the company’s stock worth $293,000 after buying an additional 4,784 shares during the last quarter. Moloney Securities Asset Management LLC acquired a new position in Franklin Limited Duration Income Trust in the first quarter worth approximately $63,000. Finally, 9258 Wealth Management LLC acquired a new position in Franklin Limited Duration Income Trust in the first quarter worth approximately $171,000.
Franklin Limited Duration Income Trust Price Performance
NYSEAMERICAN:FTF opened at $6.70 on Friday. Franklin Limited Duration Income Trust has a 52 week low of $5.76 and a 52 week high of $6.81.
Franklin Limited Duration Income Trust Announces Dividend
About Franklin Limited Duration Income Trust
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.
Further Reading
- Five stocks we like better than Franklin Limited Duration Income Trust
- 5 discounted opportunities for dividend growth investors
- Analysts Predict 85% Upside for Wave Life Sciences After Rate Cut
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- FedEx Stock Dips: Another Reason to Fear Recession Is Near
- 3 Fintech Stocks With Good 2021 Prospects
- The Half-Penny Revolution: Will SEC’s Reform Benefit Investors?
Want to see what other hedge funds are holding FTF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Free Report).
Receive News & Ratings for Franklin Limited Duration Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Limited Duration Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.