Advisors Asset Management Inc. lessened its stake in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 81.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 25,224 shares of the investment management company’s stock after selling 109,945 shares during the period. Advisors Asset Management Inc. owned approximately 0.07% of BlackRock Limited Duration Income Trust worth $406,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in BLW. Advisor Group Inc. grew its position in BlackRock Limited Duration Income Trust by 147.5% in the 3rd quarter. Advisor Group Inc. now owns 32,807 shares of the investment management company’s stock valued at $529,000 after acquiring an additional 19,550 shares during the last quarter. HL Financial Services LLC grew its position in BlackRock Limited Duration Income Trust by 48.4% in the 3rd quarter. HL Financial Services LLC now owns 23,000 shares of the investment management company’s stock valued at $371,000 after acquiring an additional 7,500 shares during the last quarter. Wela Strategies Inc. bought a new position in BlackRock Limited Duration Income Trust in the 2nd quarter valued at $875,000. SeaBridge Investment Advisors LLC grew its position in BlackRock Limited Duration Income Trust by 25.6% in the 3rd quarter. SeaBridge Investment Advisors LLC now owns 82,815 shares of the investment management company’s stock valued at $1,334,000 after acquiring an additional 16,885 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. grew its position in BlackRock Limited Duration Income Trust by 46.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 206,163 shares of the investment management company’s stock valued at $3,253,000 after acquiring an additional 65,181 shares during the last quarter.

BlackRock Limited Duration Income Trust (NYSE:BLW) opened at $15.98 on Wednesday. BlackRock Limited Duration Income Trust has a 12-month low of $15.05 and a 12-month high of $16.30.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Shareholders of record on Tuesday, December 12th will be given a $0.079 dividend. This represents a $0.95 annualized dividend and a yield of 5.93%. The ex-dividend date is Monday, December 11th.

In other BlackRock Limited Duration Income Trust news, major shareholder Citigroup Inc sold 36 shares of the company’s stock in a transaction on Wednesday, October 18th. The stock was sold at an average price of $100,000.00, for a total value of $3,600,000.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income and capital appreciation. It seeks to achieve its investment objective by investing in three asset classes, such as intermediate duration, investment grade corporate bonds, mortgage-related securities, asset-backed securities and the United States Government and agency securities; senior, secured floating rate loans made to corporate and other business entities, and the United States dollar-denominated securities of the United States and non-United States issuers rated below investment grade or unrated and deemed by the investment advisor to be of comparable quality and, to a limited extent, non-United States dollar denominated securities of non-United States issuers rated below investment grade or unrated and deemed by the investment advisor to be of comparable quality.

Institutional Ownership by Quarter for BlackRock Limited Duration Income Trust (NYSE:BLW)

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