Moors & Cabot Inc. lowered its stake in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF – Free Report) by 34.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 38,000 shares of the company’s stock after selling 20,000 shares during the quarter. Moors & Cabot Inc.’s holdings in Franklin Limited Duration Income Trust were worth $241,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Cetera Investment Advisers increased its position in Franklin Limited Duration Income Trust by 2.6% during the first quarter. Cetera Investment Advisers now owns 939,598 shares of the company’s stock worth $5,891,000 after acquiring an additional 23,440 shares during the period. Cetera Advisors LLC bought a new position in Franklin Limited Duration Income Trust during the first quarter worth $5,621,000. Allspring Global Investments Holdings LLC bought a new position in Franklin Limited Duration Income Trust during the second quarter worth $5,064,000. City of London Investment Management Co. Ltd. increased its position in Franklin Limited Duration Income Trust by 44.6% during the first quarter. City of London Investment Management Co. Ltd. now owns 791,267 shares of the company’s stock worth $4,961,000 after acquiring an additional 244,154 shares during the period. Finally, Matisse Capital boosted its stake in Franklin Limited Duration Income Trust by 37.4% during the first quarter. Matisse Capital now owns 219,397 shares of the company’s stock worth $1,376,000 after buying an additional 59,729 shares in the last quarter.
Franklin Limited Duration Income Trust Stock Up 0.3 %
FTF opened at $6.70 on Friday. Franklin Limited Duration Income Trust has a fifty-two week low of $5.76 and a fifty-two week high of $6.81.
Franklin Limited Duration Income Trust Dividend Announcement
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.
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