BlackRock Limited Duration Income Trust (BLW) To Go Ex-Dividend on September 15th

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, June 5th. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.1132 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 11.0%. The ex-dividend date is Tuesday, September 15th.

BlackRock Limited Duration Income Trust Stock Performance

Shares of NYSE:BLW opened at $12.35 on Friday. BlackRock Limited Duration Income Trust has a 52-week low of $12.06 and a 52-week high of $14.25. The business has a 50-day moving average price of $12.64 and a 200-day moving average price of $12.68.

Hedge Funds Weigh In On BlackRock Limited Duration Income Trust

A number of institutional investors have recently bought and sold shares of BLW. Integrated Wealth Concepts LLC acquired a new stake in BlackRock Limited Duration Income Trust during the 2nd quarter valued at approximately $330,000. Readystate Asset Management LP acquired a new stake in shares of BlackRock Limited Duration Income Trust in the second quarter worth $642,000. Fortitude Advisory Group L.L.C. raised its holdings in shares of BlackRock Limited Duration Income Trust by 10.9% during the second quarter. Fortitude Advisory Group L.L.C. now owns 16,477 shares of the investment management company’s stock worth $206,000 after purchasing an additional 1,624 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of BlackRock Limited Duration Income Trust by 2.9% during the first quarter. Royal Bank of Canada now owns 181,162 shares of the investment management company’s stock worth $2,281,000 after purchasing an additional 5,191 shares during the last quarter. Finally, Wealth Alliance LLC lifted its position in BlackRock Limited Duration Income Trust by 4.0% during the first quarter. Wealth Alliance LLC now owns 53,908 shares of the investment management company’s stock valued at $679,000 after purchasing an additional 2,050 shares during the period.

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.