Wealth Alliance Sells 2,020 Shares of BlackRock Limited Duration Income Trust (NYSE:BLW)

Wealth Alliance reduced its position in BlackRock Limited Duration Income Trust (NYSE:BLW) by 3.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,648 shares of the investment management company’s stock after selling 2,020 shares during the quarter. Wealth Alliance’s holdings in BlackRock Limited Duration Income Trust were worth $815,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Principal Securities Inc. raised its holdings in shares of BlackRock Limited Duration Income Trust by 95.3% in the third quarter. Principal Securities Inc. now owns 213,901 shares of the investment management company’s stock valued at $3,097,000 after acquiring an additional 104,388 shares in the last quarter. Consolidated Portfolio Review Corp raised its holdings in BlackRock Limited Duration Income Trust by 3.3% in the third quarter. Consolidated Portfolio Review Corp now owns 27,435 shares of the investment management company’s stock worth $397,000 after purchasing an additional 876 shares in the last quarter. MML Investors Services LLC raised its holdings in BlackRock Limited Duration Income Trust by 14.2% in the third quarter. MML Investors Services LLC now owns 15,012 shares of the investment management company’s stock worth $217,000 after purchasing an additional 1,864 shares in the last quarter. Round Rock Advisors LLC bought a new position in BlackRock Limited Duration Income Trust in the fourth quarter worth about $190,000. Finally, Prospera Financial Services Inc raised its holdings in BlackRock Limited Duration Income Trust by 18.7% in the third quarter. Prospera Financial Services Inc now owns 12,298 shares of the investment management company’s stock worth $178,000 after purchasing an additional 1,939 shares in the last quarter.

BlackRock Limited Duration Income Trust Trading Up 0.1 %

Shares of BlackRock Limited Duration Income Trust stock opened at $14.24 on Friday. The company has a 50-day simple moving average of $14.23 and a two-hundred day simple moving average of $14.29. BlackRock Limited Duration Income Trust has a one year low of $13.24 and a one year high of $14.63.

BlackRock Limited Duration Income Trust Increases Dividend

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

BlackRock Limited Duration Income Trust Company 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.