WMG Financial Advisors LLC Has $149,000 Holdings in BlackRock Limited Duration Income Trust (NYSE:BLW)

WMG Financial Advisors LLC cut its position in BlackRock Limited Duration Income Trust (NYSE:BLW) by 22.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,575 shares of the investment management company’s stock after selling 3,000 shares during the period. WMG Financial Advisors LLC’s holdings in BlackRock Limited Duration Income Trust were worth $149,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BLW. Prospera Financial Services Inc boosted its position 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 valued at $178,000 after buying an additional 1,939 shares in the last quarter. MML Investors Services LLC lifted its position 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 purchasing an additional 1,864 shares in the last quarter. Round Rock Advisors LLC acquired a new position in shares of BlackRock Limited Duration Income Trust during the fourth quarter worth approximately $190,000. Finally, GraniteShares Advisors LLC lifted its position in shares of BlackRock Limited Duration Income Trust by 4.4% during the fourth quarter. GraniteShares Advisors LLC now owns 174,747 shares of the investment management company’s stock worth $2,469,000 after purchasing an additional 7,373 shares in the last quarter.

BlackRock Limited Duration Income Trust Trading Up 0.9 %

Shares of BLW stock opened at $14.38 on Tuesday. BlackRock Limited Duration Income Trust has a 1 year low of $13.24 and a 1 year high of $14.63. The firm’s 50 day moving average is $14.23 and its 200-day moving average is $14.30.

BlackRock Limited Duration Income Trust Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 14th were given a dividend of $0.1132 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 9.45%. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. The ex-dividend date of this dividend was Friday, February 14th.

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.