Prospera Financial Services Inc Raises Stake in BlackRock Limited Duration Income Trust (NYSE:BLW)

Prospera Financial Services Inc raised its stake in BlackRock Limited Duration Income Trust (NYSE:BLW) by 18.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 12,298 shares of the investment management company’s stock after buying an additional 1,939 shares during the period. Prospera Financial Services Inc’s holdings in BlackRock Limited Duration Income Trust were worth $178,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the stock. Principal Securities Inc. grew its holdings in BlackRock Limited Duration Income Trust by 95.3% in the 3rd quarter. Principal Securities Inc. now owns 213,901 shares of the investment management company’s stock valued at $3,097,000 after buying an additional 104,388 shares in the last quarter. Consolidated Portfolio Review Corp grew its holdings in shares of BlackRock Limited Duration Income Trust by 3.3% during the 3rd quarter. Consolidated Portfolio Review Corp now owns 27,435 shares of the investment management company’s stock worth $397,000 after purchasing an additional 876 shares during the period. Annex Advisory Services LLC purchased a new position in shares of BlackRock Limited Duration Income Trust during the 3rd quarter worth $223,000. Luken Investment Analytics LLC purchased a new position in shares of BlackRock Limited Duration Income Trust during the 2nd quarter worth $35,000. Finally, GraniteShares Advisors LLC grew its holdings in shares of BlackRock Limited Duration Income Trust by 14.2% during the 2nd quarter. GraniteShares Advisors LLC now owns 140,177 shares of the investment management company’s stock worth $1,957,000 after purchasing an additional 17,482 shares during the period.

BlackRock Limited Duration Income Trust Trading Down 0.1 %

NYSE BLW opened at $14.24 on Tuesday. BlackRock Limited Duration Income Trust has a twelve month low of $12.96 and a twelve month high of $14.63. The stock has a fifty day simple moving average of $14.34 and a 200-day simple moving average of $14.14.

BlackRock Limited Duration Income Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be issued a dividend of $0.1132 per share. The ex-dividend date is Friday, November 15th. This is a boost from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. This represents a $1.36 dividend on an annualized basis and a dividend yield of 9.54%.

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.