MML Investors Services LLC Acquires 1,864 Shares of BlackRock Limited Duration Income Trust (NYSE:BLW)

MML Investors Services LLC lifted its holdings in BlackRock Limited Duration Income Trust (NYSE:BLW) by 14.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,012 shares of the investment management company’s stock after purchasing an additional 1,864 shares during the period. MML Investors Services LLC’s holdings in BlackRock Limited Duration Income Trust were worth $217,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Luken Investment Analytics LLC bought a new stake in shares of BlackRock Limited Duration Income Trust during the 2nd quarter worth about $35,000. Prospera Financial Services Inc boosted its position in BlackRock Limited Duration Income Trust by 18.7% during the third quarter. Prospera Financial Services Inc now owns 12,298 shares of the investment management company’s stock worth $178,000 after purchasing an additional 1,939 shares during the period. Concurrent Investment Advisors LLC acquired a new position in BlackRock Limited Duration Income Trust during the second quarter valued at approximately $210,000. Annex Advisory Services LLC bought a new position in shares of BlackRock Limited Duration Income Trust in the third quarter valued at approximately $223,000. Finally, Consolidated Portfolio Review Corp lifted its stake in shares of BlackRock Limited Duration Income Trust by 3.3% in the second quarter. Consolidated Portfolio Review Corp now owns 26,559 shares of the investment management company’s stock worth $371,000 after buying an additional 856 shares during the last quarter.

BlackRock Limited Duration Income Trust Trading Up 0.1 %

NYSE:BLW opened at $14.17 on Friday. BlackRock Limited Duration Income Trust has a 1 year low of $13.24 and a 1 year high of $14.63. The firm’s fifty day simple moving average is $14.26 and its 200 day simple moving average is $14.22.

BlackRock Limited Duration Income Trust Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 16th were issued a $0.1132 dividend. The ex-dividend date was Monday, December 16th. This represents a $1.36 dividend on an annualized basis and a yield of 9.59%. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09.

About BlackRock Limited 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.