Comerica Bank Acquires 4,617 Shares of BlackRock Limited Duration Income Trust (NYSE:BLW)

Comerica Bank increased its holdings in BlackRock Limited Duration Income Trust (NYSE:BLW) by 13.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,876 shares of the investment management company’s stock after purchasing an additional 4,617 shares during the quarter. Comerica Bank’s holdings in BlackRock Limited Duration Income Trust were worth $549,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of BLW. Raymond James Financial Inc. acquired a new position in BlackRock Limited Duration Income Trust in the fourth quarter valued at $3,902,000. Guggenheim Capital LLC lifted its holdings in BlackRock Limited Duration Income Trust by 28.4% in the fourth quarter. Guggenheim Capital LLC now owns 666,783 shares of the investment management company’s stock valued at $9,422,000 after buying an additional 147,370 shares during the period. Invesco Ltd. lifted its holdings in BlackRock Limited Duration Income Trust by 10.4% in the fourth quarter. Invesco Ltd. now owns 342,804 shares of the investment management company’s stock valued at $4,844,000 after buying an additional 32,200 shares during the period. Wells Fargo & Company MN lifted its holdings in BlackRock Limited Duration Income Trust by 2.7% in the fourth quarter. Wells Fargo & Company MN now owns 924,949 shares of the investment management company’s stock valued at $13,070,000 after buying an additional 24,754 shares during the period. Finally, Round Rock Advisors LLC acquired a new position in BlackRock Limited Duration Income Trust in the fourth quarter valued at $190,000.

BlackRock Limited Duration Income Trust Stock Performance

BLW stock opened at $14.13 on Thursday. BlackRock Limited Duration Income Trust has a 12-month low of $12.48 and a 12-month high of $14.63. The company’s fifty day simple moving average is $13.75 and its 200 day simple moving average is $14.07.

BlackRock Limited Duration Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be issued a $0.1132 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.36 annualized dividend and a yield of 9.61%.

About BlackRock Limited Duration Income Trust

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.