BlackRock Limited Duration Income Trust Announces Monthly Dividend of $0.11 (NYSE:BLW)

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Thursday, September 10th. Shareholders of record on Friday, November 13th will be paid a dividend of 0.1132 per share by the investment management company on Monday, November 30th. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date of this dividend is Friday, November 13th.

BlackRock Limited Duration Income Trust Stock Performance

BlackRock Limited Duration Income Trust stock opened at $12.38 on Friday. BlackRock Limited Duration Income Trust has a 1 year low of $12.06 and a 1 year high of $14.25. The firm’s 50 day moving average price is $12.65 and its two-hundred day moving average price is $12.69.

Institutional Investors Weigh In On BlackRock Limited Duration Income Trust

A number of large investors have recently made changes to their positions in the company. Allworth Financial LP grew its position in BlackRock Limited Duration Income Trust by 62.6% during the 4th quarter. Allworth Financial LP now owns 2,146 shares of the investment management company’s stock worth $29,000 after purchasing an additional 826 shares in the last quarter. Leonteq Securities AG acquired a new stake in shares of BlackRock Limited Duration Income Trust during the first quarter worth approximately $75,000. Delta Financial Advisors LLC purchased a new stake in BlackRock Limited Duration Income Trust in the 4th quarter worth approximately $174,000. Fifth Third Bancorp acquired a new position in shares of BlackRock Limited Duration Income Trust in the first quarter worth $177,000. Finally, Marin Bay Wealth Advisors LLC bought a new stake in shares of BlackRock Limited Duration Income Trust in the 1st quarter valued at approximately $204,000.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.