Virtu Financial LLC Invests $108,000 in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Virtu Financial LLC acquired a new stake in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 16,156 shares of the company’s stock, valued at approximately $108,000.

A number of other institutional investors have also recently made changes to their positions in the business. Pathstone Holdings LLC increased its holdings in Franklin Limited Duration Income Trust by 20.6% during the 3rd quarter. Pathstone Holdings LLC now owns 1,758,725 shares of the company’s stock worth $11,731,000 after purchasing an additional 300,528 shares during the period. Penserra Capital Management LLC purchased a new stake in shares of Franklin Limited Duration Income Trust during the third quarter worth approximately $7,646,000. Allspring Global Investments Holdings LLC acquired a new stake in Franklin Limited Duration Income Trust in the second quarter valued at approximately $5,064,000. Advisors Asset Management Inc. lifted its stake in 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 worth $1,930,000 after acquiring an additional 194,407 shares during the last quarter. Finally, Encompass More Asset Management purchased a new position in Franklin Limited Duration Income Trust in the third quarter worth approximately $577,000.

Franklin Limited Duration Income Trust Stock Down 0.3 %

Shares of FTF opened at $6.39 on Friday. Franklin Limited Duration Income Trust has a twelve month low of $6.08 and a twelve month high of $6.83.

Franklin Limited Duration Income Trust Dividend Announcement

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

Franklin Limited Duration Income Trust Company 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.