Janney Montgomery Scott LLC Sells 950 Shares of BlackRock Limited Duration Income Trust (NYSE:BLW)

Janney Montgomery Scott LLC lowered its position in shares of BlackRock Limited Duration Income Trust (NYSE:BLW – Get Rating) by 2.1% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 43,805 shares of the investment management company’s stock after selling 950 shares during the period. Janney Montgomery Scott LLC’s holdings in BlackRock Limited Duration Income Trust were worth $530,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in BLW. Baird Financial Group Inc. grew its position in shares of BlackRock Limited Duration Income Trust by 52.6% in the 1st quarter. Baird Financial Group Inc. now owns 68,128 shares of the investment management company’s stock valued at $977,000 after buying an additional 23,474 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of BlackRock Limited Duration Income Trust by 9.8% in the 1st quarter. NewEdge Advisors LLC now owns 58,517 shares of the investment management company’s stock valued at $839,000 after buying an additional 5,205 shares during the last quarter. Mariner LLC bought a new stake in shares of BlackRock Limited Duration Income Trust in the 1st quarter valued at about $237,000. UBS Group AG grew its position in shares of BlackRock Limited Duration Income Trust by 11.2% in the 1st quarter. UBS Group AG now owns 1,171,875 shares of the investment management company’s stock valued at $16,805,000 after buying an additional 117,650 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of BlackRock Limited Duration Income Trust by 19.9% in the 1st quarter. Invesco Ltd. now owns 473,750 shares of the investment management company’s stock valued at $6,793,000 after purchasing an additional 78,743 shares during the period.

BlackRock Limited Duration Income Trust Price Performance

Shares of NYSE:BLW opened at $13.49 on Monday. The business’s 50-day moving average is $13.12 and its 200-day moving average is $13.02. BlackRock Limited Duration Income Trust has a 1 year low of $11.76 and a 1 year high of $15.54.

BlackRock Limited Duration Income Trust Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, January 31st. Stockholders of record on Friday, January 13th will be paid a $0.0981 dividend. This represents a $1.18 dividend on an annualized basis and a dividend yield of 8.73%. This is an increase from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. The ex-dividend date is Thursday, January 12th.

BlackRock Limited Duration Income Trust Company Profile

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BlackRock Ltd. Duration Income Trust is a closed-end investment fund. Its investment objective is to provide current income and capital appreciation. The company was founded on July 13, 2003 and is headquartered in Wilmington, DE.