Stratos Wealth Partners LTD. Buys 4,850 Shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Stratos Wealth Partners LTD. increased its position in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 6.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 80,773 shares of the company’s stock after purchasing an additional 4,850 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Franklin Limited Duration Income Trust were worth $536,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Financial Partners Group Inc raised its holdings in shares of Franklin Limited Duration Income Trust by 242.2% in the 4th quarter. Financial Partners Group Inc now owns 118,600 shares of the company’s stock valued at $786,000 after purchasing an additional 83,945 shares in the last quarter. Encompass More Asset Management raised its stake in Franklin Limited Duration Income Trust by 3.8% in the fourth quarter. Encompass More Asset Management now owns 89,833 shares of the company’s stock worth $596,000 after buying an additional 3,257 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in Franklin Limited Duration Income Trust during the fourth quarter worth $168,000. SeaCrest Wealth Management LLC lifted its holdings in Franklin Limited Duration Income Trust by 7.4% during the fourth quarter. SeaCrest Wealth Management LLC now owns 47,871 shares of the company’s stock worth $317,000 after buying an additional 3,310 shares during the period. Finally, Virtu Financial LLC bought a new stake in Franklin Limited Duration Income Trust during the 3rd quarter valued at $108,000.

Franklin Limited Duration Income Trust Trading Up 0.3 %

NYSEAMERICAN FTF opened at $6.66 on Wednesday. Franklin Limited Duration Income Trust has a 12-month low of $6.08 and a 12-month high of $6.83.

Franklin Limited Duration Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, February 28th. Shareholders of record on Tuesday, February 18th will be issued a $0.0615 dividend. The ex-dividend date is Tuesday, February 18th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 11.08%.

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.