16,156 Shares in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) Acquired by Virtu Financial LLC

Virtu Financial LLC purchased a new position in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) during the 3rd quarter, HoldingsChannel.com reports. The institutional investor purchased 16,156 shares of the company’s stock, valued at approximately $108,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pathstone Holdings LLC grew its position in shares of Franklin Limited Duration Income Trust by 20.6% during the third quarter. Pathstone Holdings LLC now owns 1,758,725 shares of the company’s stock worth $11,731,000 after acquiring an additional 300,528 shares during the last quarter. Penserra Capital Management LLC acquired a new position in Franklin Limited Duration Income Trust in the third quarter valued at $7,646,000. Allspring Global Investments Holdings LLC acquired a new position in Franklin Limited Duration Income Trust in the second quarter valued at $5,064,000. Advisors Asset Management Inc. raised its holdings in shares of Franklin Limited Duration Income Trust by 204.7% in the third quarter. Advisors Asset Management Inc. now owns 289,400 shares of the company’s stock valued at $1,930,000 after buying an additional 194,407 shares during the last quarter. Finally, Encompass More Asset Management acquired a new stake in shares of Franklin Limited Duration Income Trust during the third quarter worth about $577,000.

Franklin Limited Duration Income Trust Trading Down 0.3 %

Shares of FTF stock opened at $6.39 on Friday. Franklin Limited Duration Income Trust has a 52-week low of $6.08 and a 52-week high of $6.83.

Franklin Limited Duration Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th will be issued a $0.0615 dividend. This represents a $0.74 dividend on an annualized basis and a dividend yield of 11.55%. The ex-dividend date is Monday, December 16th.

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.