UBS Group AG Boosts Position in BlackRock Limited Duration Income Trust $BLW

UBS Group AG lifted its stake in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 7.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 697,442 shares of the investment management company’s stock after acquiring an additional 48,276 shares during the period. UBS Group AG’s holdings in BlackRock Limited Duration Income Trust were worth $9,583,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Invesco Ltd. raised its holdings in shares of BlackRock Limited Duration Income Trust by 2.8% during the 3rd quarter. Invesco Ltd. now owns 337,441 shares of the investment management company’s stock worth $4,724,000 after acquiring an additional 9,217 shares during the period. Bank of America Corp DE raised its holdings in shares of BlackRock Limited Duration Income Trust by 7.8% during the 3rd quarter. Bank of America Corp DE now owns 301,090 shares of the investment management company’s stock worth $4,215,000 after acquiring an additional 21,747 shares during the period. Raymond James Financial Inc. raised its holdings in shares of BlackRock Limited Duration Income Trust by 2.9% during the 3rd quarter. Raymond James Financial Inc. now owns 249,843 shares of the investment management company’s stock worth $3,498,000 after acquiring an additional 7,138 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of BlackRock Limited Duration Income Trust by 5.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 152,970 shares of the investment management company’s stock worth $2,142,000 after acquiring an additional 7,560 shares during the period. Finally, NewEdge Wealth LLC purchased a new position in shares of BlackRock Limited Duration Income Trust during the 3rd quarter worth $1,972,000.

BlackRock Limited Duration Income Trust Trading Down 2.1%

NYSE BLW opened at $12.40 on Friday. BlackRock Limited Duration Income Trust has a 52 week low of $12.06 and a 52 week high of $14.30. The business’s fifty day simple moving average is $12.80 and its 200-day simple moving average is $13.43.

BlackRock Limited Duration Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a $0.1132 dividend. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date is Monday, June 15th.

BlackRock Limited Duration Income Trust 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.