BlackRock Limited Duration Income Trust (BLW) to Issue Monthly Dividend of $0.11 on August 31st

BlackRock Limited Duration Income Trust (NYSE:BLW) announced a monthly dividend on Friday, June 5th. Investors of record on Friday, August 14th will be given a dividend of 0.1132 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 10.7%. The ex-dividend date of this dividend is Friday, August 14th.

BlackRock Limited Duration Income Trust Stock Up 0.4%

Shares of BlackRock Limited Duration Income Trust stock opened at $12.66 on Wednesday. BlackRock Limited Duration Income Trust has a 1 year low of $12.06 and a 1 year high of $14.30. The business has a fifty day simple moving average of $12.49 and a two-hundred day simple moving average of $12.85.

Hedge Funds Weigh In On BlackRock Limited Duration Income Trust

A number of hedge funds have recently bought and sold shares of BLW. Lido Advisors LLC purchased a new stake in BlackRock Limited Duration Income Trust in the 4th quarter valued at about $956,000. UBS Group AG grew its holdings in shares of BlackRock Limited Duration Income Trust by 7.4% in the fourth quarter. UBS Group AG now owns 697,442 shares of the investment management company’s stock valued at $9,583,000 after acquiring an additional 48,276 shares in the last quarter. Jackson Hole Capital Partners LLC increased its position in shares of BlackRock Limited Duration Income Trust by 9.6% during the fourth quarter. Jackson Hole Capital Partners LLC now owns 27,688 shares of the investment management company’s stock valued at $380,000 after acquiring an additional 2,421 shares during the last quarter. NBC Securities Inc. increased its position in shares of BlackRock Limited Duration Income Trust by 5.5% during the fourth quarter. NBC Securities Inc. now owns 78,990 shares of the investment management company’s stock valued at $1,085,000 after acquiring an additional 4,099 shares during the last quarter. Finally, CENTRAL TRUST Co bought a new stake in BlackRock Limited Duration Income Trust during the first quarter worth $290,000.

About BlackRock Limited Duration Income Trust

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.