BlackRock Limited Duration Income Trust (BLW) to Issue Monthly Dividend of $0.11 on May 29th

BlackRock Limited Duration Income Trust (NYSE:BLW) declared a monthly dividend on Friday, February 27th. Stockholders of record on Friday, May 15th will be given a dividend of 0.1132 per share by the investment management company on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 10.7%. The ex-dividend date is Friday, May 15th.

BlackRock Limited Duration Income Trust Stock Performance

Shares of BlackRock Limited Duration Income Trust stock opened at $12.66 on Wednesday. BlackRock Limited Duration Income Trust has a twelve month low of $12.06 and a twelve month high of $14.30. The company’s 50 day moving average is $12.86 and its 200 day moving average is $13.46.

Institutional Trading of BlackRock Limited Duration Income Trust

Hedge funds have recently bought and sold shares of the company. Morgan Stanley boosted its position in BlackRock Limited Duration Income Trust by 1.2% in the fourth quarter. Morgan Stanley now owns 4,593,229 shares of the investment management company’s stock worth $63,111,000 after purchasing an additional 55,856 shares during the last quarter. UBS Group AG lifted its stake in shares of BlackRock Limited Duration Income Trust by 7.4% in the 4th quarter. UBS Group AG now owns 697,442 shares of the investment management company’s stock worth $9,583,000 after purchasing an additional 48,276 shares during the period. Invesco Ltd. boosted its holdings in shares of BlackRock Limited Duration Income Trust by 2.8% in the third quarter. Invesco Ltd. now owns 337,441 shares of the investment management company’s stock worth $4,724,000 after buying an additional 9,217 shares during the last quarter. Bank of America Corp DE grew its position in BlackRock Limited Duration Income Trust by 7.8% during the third quarter. Bank of America Corp DE now owns 301,090 shares of the investment management company’s stock valued at $4,215,000 after buying an additional 21,747 shares during the period. Finally, Venture Visionary Partners LLC raised its position in BlackRock Limited Duration Income Trust by 10.5% in the fourth quarter. Venture Visionary Partners LLC now owns 267,792 shares of the investment management company’s stock worth $3,679,000 after acquiring an additional 25,530 shares during the period.

BlackRock Limited Duration Income Trust Company Profile

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.