Commonwealth Equity Services LLC Has $563,000 Holdings in BlackRock Limited Duration Income Trust (NYSE:BLW)

Commonwealth Equity Services LLC decreased its stake in BlackRock Limited Duration Income Trust (NYSE:BLW) by 2.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,352 shares of the investment management company’s stock after selling 923 shares during the period. Commonwealth Equity Services LLC’s holdings in BlackRock Limited Duration Income Trust were worth $563,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of BLW. Janney Montgomery Scott LLC grew its position in BlackRock Limited Duration Income Trust by 2.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 46,352 shares of the investment management company’s stock worth $648,000 after purchasing an additional 1,175 shares during the last quarter. LM Advisors LLC acquired a new stake in BlackRock Limited Duration Income Trust during the fourth quarter worth about $256,000. Nomura Holdings Inc. acquired a new stake in BlackRock Limited Duration Income Trust during the fourth quarter worth about $211,000. Blue Zone Wealth Advisors LLC increased its stake in BlackRock Limited Duration Income Trust by 3.6% during the first quarter. Blue Zone Wealth Advisors LLC now owns 427,010 shares of the investment management company’s stock valued at $5,991,000 after acquiring an additional 14,917 shares during the period. Finally, Rockport Wealth LLC acquired a new position in BlackRock Limited Duration Income Trust in the 1st quarter valued at approximately $374,000.

BlackRock Limited Duration Income Trust Trading Down 0.5 %

Shares of BLW stock opened at $14.34 on Friday. BlackRock Limited Duration Income Trust has a 12 month low of $12.35 and a 12 month high of $14.63. The stock has a 50 day moving average of $14.24 and a two-hundred day moving average of $13.97.

BlackRock Limited Duration Income Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a $0.1132 dividend. This is a boost from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. This represents a $1.36 annualized dividend and a yield of 9.47%. The ex-dividend date is Tuesday, October 15th.

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.