B. Riley Wealth Advisors Inc. Sells 4,902 Shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

B. Riley Wealth Advisors Inc. lowered its stake in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 3.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 135,167 shares of the company’s stock after selling 4,902 shares during the period. B. Riley Wealth Advisors Inc.’s holdings in Franklin Limited Duration Income Trust were worth $857,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Cetera Advisors LLC purchased a new stake in shares of Franklin Limited Duration Income Trust in the 1st quarter worth $5,621,000. Allspring Global Investments Holdings LLC bought a new position in Franklin Limited Duration Income Trust in the second quarter worth approximately $5,064,000. City of London Investment Management Co. Ltd. increased its position in shares of Franklin Limited Duration Income Trust by 44.6% during the first quarter. City of London Investment Management Co. Ltd. now owns 791,267 shares of the company’s stock worth $4,961,000 after purchasing an additional 244,154 shares in the last quarter. Matisse Capital grew its holdings in shares of Franklin Limited Duration Income Trust by 37.4% during the first quarter. Matisse Capital now owns 219,397 shares of the company’s stock valued at $1,376,000 after buying an additional 59,729 shares during the last quarter. Finally, Calamos Advisors LLC purchased a new stake in Franklin Limited Duration Income Trust in the second quarter valued at $181,000.

Franklin Limited Duration Income Trust Stock Performance

Franklin Limited Duration Income Trust stock opened at $6.71 on Friday. Franklin Limited Duration Income Trust has a 1-year low of $5.76 and a 1-year high of $6.81.

Franklin Limited Duration Income Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 19th were given a dividend of $0.0615 per share. This represents a $0.74 annualized dividend and a yield of 11.00%. The ex-dividend date of this dividend was Thursday, September 19th.

Franklin Limited Duration Income Trust Profile

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.