BlackRock Limited Duration Income Trust (NYSE:BLW) Shares Sold by SeaBridge Investment Advisors LLC

SeaBridge Investment Advisors LLC lessened its holdings in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 4.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 82,058 shares of the investment management company’s stock after selling 3,743 shares during the period. SeaBridge Investment Advisors LLC’s holdings in BlackRock Limited Duration Income Trust were worth $1,397,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Arkadios Wealth Advisors lifted its holdings in BlackRock Limited Duration Income Trust by 418.0% in the second quarter. Arkadios Wealth Advisors now owns 2,067 shares of the investment management company’s stock valued at $35,000 after acquiring an additional 1,668 shares during the period. Venture Visionary Partners LLC purchased a new position in shares of BlackRock Limited Duration Income Trust in the 2nd quarter valued at about $182,000. Commerce Bank acquired a new stake in shares of BlackRock Limited Duration Income Trust in the first quarter valued at about $191,000. Citadel Advisors LLC purchased a new stake in BlackRock Limited Duration Income Trust during the first quarter worth about $238,000. Finally, Virtus ETF Advisers LLC grew its position in BlackRock Limited Duration Income Trust by 21.6% during the first quarter. Virtus ETF Advisers LLC now owns 19,264 shares of the investment management company’s stock worth $323,000 after buying an additional 3,424 shares during the period.

Shares of BLW stock traded down $0.03 during midday trading on Wednesday, reaching $17.40. 70,153 shares of the company traded hands, compared to its average volume of 88,512. The firm’s 50 day simple moving average is $17.19 and its two-hundred day simple moving average is $16.90. BlackRock Limited Duration Income Trust has a 1-year low of $14.16 and a 1-year high of $17.64.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, September 30th. Investors of record on Wednesday, September 15th will be paid a $0.098 dividend. This represents a $1.18 annualized dividend and a yield of 6.76%. The ex-dividend date is Tuesday, September 14th.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Ltd. Duration Income Trust is a closed-end investment fund. Its investment objective is to provide current income and capital appreciation. The company was founded on July 13, 2003 and is headquartered in Wilmington, DE.

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Institutional Ownership by Quarter for BlackRock Limited Duration Income Trust (NYSE:BLW)

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