Commonwealth Equity Services LLC Buys New Holdings in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Commonwealth Equity Services LLC purchased a new position in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,095 shares of the company’s stock, valued at approximately $67,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Anfield Capital Management LLC acquired a new stake in shares of Franklin Limited Duration Income Trust during the fourth quarter worth about $57,000. Virtu Financial LLC purchased a new position in Franklin Limited Duration Income Trust during the 3rd quarter worth $108,000. Choreo LLC increased its position in Franklin Limited Duration Income Trust by 10.8% during the 4th quarter. Choreo LLC now owns 17,982 shares of the company’s stock worth $118,000 after purchasing an additional 1,748 shares during the period. Stifel Financial Corp lifted its holdings in Franklin Limited Duration Income Trust by 17.1% in the third quarter. Stifel Financial Corp now owns 18,037 shares of the company’s stock valued at $120,000 after acquiring an additional 2,633 shares during the period. Finally, Jane Street Group LLC purchased a new position in Franklin Limited Duration Income Trust in the third quarter valued at about $130,000.

Franklin Limited Duration Income Trust Price Performance

Franklin Limited Duration Income Trust stock opened at $6.09 on Friday. The stock’s fifty day moving average is $6.46 and its two-hundred day moving average is $6.41. Franklin Limited Duration Income Trust has a fifty-two week low of $5.57 and a fifty-two week high of $6.83.

Franklin Limited Duration Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Thursday, April 17th will be issued a dividend of $0.0615 per share. This represents a $0.74 dividend on an annualized basis and a yield of 12.12%. The ex-dividend date of this dividend is Thursday, April 17th.

Franklin Limited Duration Income Trust Profile

Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds.