ProVise Management Group LLC Cuts Stock Holdings in BlackRock Limited Duration Income Trust (NYSE:BLW)

ProVise Management Group LLC trimmed its position in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 6.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 13,658 shares of the investment management company’s stock after selling 950 shares during the period. ProVise Management Group LLC’s holdings in BlackRock Limited Duration Income Trust were worth $191,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Nomura Holdings Inc. purchased a new position in shares of BlackRock Limited Duration Income Trust during the 4th quarter valued at approximately $211,000. Janney Montgomery Scott LLC increased its holdings in BlackRock Limited Duration Income Trust by 2.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 46,352 shares of the investment management company’s stock worth $648,000 after acquiring an additional 1,175 shares in the last quarter. LM Advisors LLC purchased a new stake in BlackRock Limited Duration Income Trust in the 4th quarter worth $256,000. Commonwealth Equity Services LLC increased its holdings in BlackRock Limited Duration Income Trust by 3.3% in the 1st quarter. Commonwealth Equity Services LLC now owns 41,275 shares of the investment management company’s stock worth $579,000 after acquiring an additional 1,314 shares in the last quarter. Finally, GraniteShares Advisors LLC increased its holdings in BlackRock Limited Duration Income Trust by 14.2% in the 2nd quarter. GraniteShares Advisors LLC now owns 140,177 shares of the investment management company’s stock worth $1,957,000 after acquiring an additional 17,482 shares in the last quarter.

BlackRock Limited Duration Income Trust Price Performance

Shares of NYSE BLW opened at $14.34 on Friday. The firm has a fifty day moving average of $14.24 and a 200 day moving average of $13.97. BlackRock Limited Duration Income Trust has a one year low of $12.35 and a one year high of $14.63.

BlackRock Limited Duration Income Trust Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be issued a $0.1132 dividend. This represents a $1.36 annualized dividend and a yield of 9.47%. The ex-dividend date is Tuesday, October 15th. This is a positive change from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09.

BlackRock Limited Duration Income Trust Company 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.