Janney Montgomery Scott LLC Grows Position in BlackRock Limited Duration Income Trust (NYSE:BLW)

Janney Montgomery Scott LLC grew its stake in BlackRock Limited Duration Income Trust (NYSE:BLW) by 43.2% during the 1st quarter, HoldingsChannel reports. The firm owned 26,736 shares of the investment management company’s stock after buying an additional 8,068 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BlackRock Limited Duration Income Trust were worth $378,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. GraniteShares Advisors LLC boosted its position in BlackRock Limited Duration Income Trust by 6.4% in the 1st quarter. GraniteShares Advisors LLC now owns 186,017 shares of the investment management company’s stock worth $2,630,000 after purchasing an additional 11,270 shares in the last quarter. Blue Zone Wealth Advisors LLC lifted its position in shares of BlackRock Limited Duration Income Trust by 16.8% during the 1st quarter. Blue Zone Wealth Advisors LLC now owns 301,626 shares of the investment management company’s stock valued at $4,265,000 after buying an additional 43,324 shares in the last quarter. NBC Securities Inc. lifted its position in shares of BlackRock Limited Duration Income Trust by 227,844.4% during the 1st quarter. NBC Securities Inc. now owns 61,545 shares of the investment management company’s stock valued at $870,000 after buying an additional 61,518 shares in the last quarter. Jefferies Financial Group Inc. lifted its position in shares of BlackRock Limited Duration Income Trust by 0.5% during the 4th quarter. Jefferies Financial Group Inc. now owns 182,793 shares of the investment management company’s stock valued at $2,583,000 after buying an additional 935 shares in the last quarter. Finally, Cetera Investment Advisers lifted its position in shares of BlackRock Limited Duration Income Trust by 12.6% during the 4th quarter. Cetera Investment Advisers now owns 58,311 shares of the investment management company’s stock valued at $824,000 after buying an additional 6,536 shares in the last quarter.

BlackRock Limited Duration Income Trust Trading Down 0.1%

Shares of NYSE:BLW opened at $14.22 on Friday. BlackRock Limited Duration Income Trust has a 1 year low of $12.48 and a 1 year high of $14.63. The business’s 50 day moving average price is $14.01 and its 200-day moving average price is $14.01.

BlackRock Limited Duration Income Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Thursday, July 31st. Stockholders of record on Tuesday, July 15th will be given a dividend of $0.1132 per share. The ex-dividend date is Tuesday, July 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 9.55%.

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.