Wealth Alliance Reduces Holdings in BlackRock Limited Duration Income Trust (NYSE:BLW)

Wealth Alliance decreased its holdings in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 3.4% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 57,648 shares of the investment management company’s stock after selling 2,020 shares during the period. Wealth Alliance’s holdings in BlackRock Limited Duration Income Trust were worth $815,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of BLW. Consolidated Portfolio Review Corp grew its stake in shares of BlackRock Limited Duration Income Trust by 3.3% during the third quarter. Consolidated Portfolio Review Corp now owns 27,435 shares of the investment management company’s stock worth $397,000 after acquiring an additional 876 shares during the last quarter. Principal Securities Inc. grew its stake in shares of BlackRock Limited Duration Income Trust by 95.3% during the third quarter. Principal Securities Inc. now owns 213,901 shares of the investment management company’s stock worth $3,097,000 after acquiring an additional 104,388 shares during the last quarter. Prospera Financial Services Inc grew its stake in shares of BlackRock Limited Duration Income Trust by 18.7% during the third quarter. Prospera Financial Services Inc now owns 12,298 shares of the investment management company’s stock worth $178,000 after acquiring an additional 1,939 shares during the last quarter. MML Investors Services LLC grew its stake in shares of BlackRock Limited Duration Income Trust by 14.2% during the third quarter. MML Investors Services LLC now owns 15,012 shares of the investment management company’s stock worth $217,000 after acquiring an additional 1,864 shares during the last quarter. Finally, Round Rock Advisors LLC purchased a new stake in shares of BlackRock Limited Duration Income Trust during the fourth quarter worth about $190,000.

BlackRock Limited Duration Income Trust Stock Performance

Shares of BLW stock opened at $14.24 on Friday. BlackRock Limited Duration Income Trust has a fifty-two week low of $13.24 and a fifty-two week high of $14.63. The stock’s 50-day simple moving average is $14.23 and its 200-day simple moving average is $14.29.

BlackRock Limited Duration Income Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be given a $0.1132 dividend. The ex-dividend date is Friday, February 14th. This represents a $1.36 dividend on an annualized basis and a yield of 9.54%. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09.

BlackRock Limited Duration Income Trust Profile

BlackRock Limited Duration Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc It is managed by BlackRock Advisors, LLC. The fund invests in fixed income securities of the United States. It invests in securities of companies operating across diversified sectors. The fund primarily invests in investment grade corporate bonds, mortgage-related securities, asset-backed securities, US Government and agency securities, and senior, secured floating rate loans.