Commonwealth Equity Services LLC Sells 3,496 Shares of BlackRock Limited Duration Income Trust (NYSE:BLW)

Commonwealth Equity Services LLC trimmed its holdings in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 8.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,736 shares of the investment management company’s stock after selling 3,496 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock Limited Duration Income Trust were worth $519,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Round Rock Advisors LLC purchased a new position in shares of BlackRock Limited Duration Income Trust in the fourth quarter worth $190,000. MML Investors Services LLC grew its holdings in BlackRock Limited Duration Income Trust by 14.2% in the 3rd quarter. MML Investors Services LLC now owns 15,012 shares of the investment management company’s stock worth $217,000 after acquiring an additional 1,864 shares during the last quarter. GraniteShares Advisors LLC increased its position in shares of BlackRock Limited Duration Income Trust by 4.4% in the fourth quarter. GraniteShares Advisors LLC now owns 174,747 shares of the investment management company’s stock valued at $2,469,000 after acquiring an additional 7,373 shares during the period. Finally, Raymond James Financial Inc. bought a new position in shares of BlackRock Limited Duration Income Trust during the fourth quarter valued at about $3,902,000.

BlackRock Limited Duration Income Trust Trading Down 5.4 %

BlackRock Limited Duration Income Trust stock opened at $13.18 on Friday. BlackRock Limited Duration Income Trust has a 1-year low of $13.10 and a 1-year high of $14.63. The firm has a 50-day moving average of $14.16 and a 200-day moving average of $14.24.

BlackRock Limited Duration Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Tuesday, April 15th will be given a $0.1132 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 10.31%.

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.