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

WMG Financial Advisors LLC cut its stake in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 22.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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.

Other institutional investors have also made changes to their positions in the company. 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 purchasing an additional 1,864 shares during the period. GraniteShares Advisors LLC grew its stake 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 during the period. Round Rock Advisors LLC acquired a new stake in shares of BlackRock Limited Duration Income Trust during the fourth quarter worth $190,000. Finally, 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 purchasing an additional 1,939 shares during the period.

BlackRock Limited Duration Income Trust Stock Up 0.9 %

Shares of BlackRock Limited Duration Income Trust stock opened at $14.38 on Tuesday. BlackRock Limited Duration Income Trust has a 12 month low of $13.24 and a 12 month high of $14.63. The business has a fifty day simple moving average of $14.23 and a 200 day simple moving average of $14.30.

BlackRock Limited Duration Income Trust Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were paid a dividend of $0.1132 per share. The ex-dividend date of this dividend was Friday, February 14th. This is a boost 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 9.45%.

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.