Wells Fargo & Company MN Increases Stake in BlackRock Limited Duration Income Trust (NYSE:BLW)

Wells Fargo & Company MN lifted its position in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 2.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 924,949 shares of the investment management company’s stock after purchasing an additional 24,754 shares during the quarter. Wells Fargo & Company MN’s holdings in BlackRock Limited Duration Income Trust were worth $13,070,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Round Rock Advisors LLC purchased a new stake in BlackRock Limited Duration Income Trust during the fourth quarter worth $190,000. MML Investors Services LLC raised its position in shares of BlackRock Limited Duration Income Trust by 14.2% in the third quarter. MML Investors Services LLC now owns 15,012 shares of the investment management company’s stock worth $217,000 after acquiring an additional 1,864 shares during the period. LPL Financial LLC boosted its stake in shares of BlackRock Limited Duration Income Trust by 5.1% during the 4th quarter. LPL Financial LLC now owns 114,391 shares of the investment management company’s stock worth $1,616,000 after acquiring an additional 5,582 shares in the last quarter. GraniteShares Advisors LLC grew its position in shares of BlackRock Limited Duration Income Trust by 4.4% during the 4th quarter. GraniteShares Advisors LLC now owns 174,747 shares of the investment management company’s stock valued at $2,469,000 after acquiring an additional 7,373 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of BlackRock Limited Duration Income Trust in the 4th quarter valued at about $3,902,000.

BlackRock Limited Duration Income Trust Trading Up 0.9 %

Shares of BLW stock opened at $13.40 on Wednesday. BlackRock Limited Duration Income Trust has a 12-month low of $12.48 and a 12-month high of $14.63. The business’s 50 day moving average is $13.95 and its two-hundred day moving average is $14.16.

BlackRock Limited Duration Income Trust Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be paid a $0.1132 dividend. The ex-dividend date is Tuesday, April 15th. This represents a $1.36 dividend on an annualized basis and a yield of 10.14%.

BlackRock Limited Duration Income Trust Profile

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.