BlackRock Limited Duration Income Trust (NYSE:BLW) Short Interest Update

BlackRock Limited Duration Income Trust (NYSE:BLW) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totalling 191,200 shares, a decrease of 5.6% from the August 31st total of 202,500 shares. Based on an average daily trading volume, of 103,100 shares, the short-interest ratio is presently 1.9 days.

Institutional Investors Weigh In On BlackRock Limited Duration Income Trust

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Nomura Holdings Inc. acquired a new stake in shares of BlackRock Limited Duration Income Trust in the 4th quarter worth $211,000. Janney Montgomery Scott LLC increased its position in BlackRock Limited Duration Income Trust by 2.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 46,352 shares of the investment management company’s stock worth $648,000 after purchasing an additional 1,175 shares during the last quarter. LM Advisors LLC purchased a new position in BlackRock Limited Duration Income Trust during the fourth quarter worth about $256,000. Commonwealth Equity Services LLC boosted its holdings in BlackRock Limited Duration Income Trust by 3.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 41,275 shares of the investment management company’s stock valued at $579,000 after purchasing an additional 1,314 shares during the last quarter. Finally, GraniteShares Advisors LLC grew its stake in shares of BlackRock Limited Duration Income Trust by 14.2% in the 2nd quarter. GraniteShares Advisors LLC now owns 140,177 shares of the investment management company’s stock valued at $1,957,000 after buying an additional 17,482 shares during the period.

BlackRock Limited Duration Income Trust Stock Performance

BLW opened at $14.50 on Wednesday. BlackRock Limited Duration Income Trust has a twelve month low of $12.35 and a twelve month high of $14.63. The firm’s 50-day moving average price is $14.29 and its 200 day moving average price is $13.98.

BlackRock Limited Duration Income Trust Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be given a $0.1132 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This is a positive change 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 dividend yield of 9.37%.

About BlackRock Limited Duration Income Trust

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.