Short Interest in BlackRock Limited Duration Income Trust (NYSE:BLW) Grows By 8.0%

BlackRock Limited Duration Income Trust (NYSE:BLWGet Free Report) was the recipient of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 146,400 shares, a growth of 8.0% from the February 29th total of 135,600 shares. Based on an average trading volume of 88,400 shares, the short-interest ratio is presently 1.7 days.

Institutional Investors Weigh In On BlackRock Limited Duration Income Trust

Several institutional investors have recently bought and sold shares of the stock. Pathstone Family Office LLC purchased a new position in shares of BlackRock Limited Duration Income Trust in the 3rd quarter worth $176,000. Blue Zone Wealth Advisors LLC increased its stake in BlackRock Limited Duration Income Trust by 3.1% during the fourth quarter. Blue Zone Wealth Advisors LLC now owns 412,093 shares of the investment management company’s stock worth $5,761,000 after acquiring an additional 12,217 shares during the last quarter. Jefferies Financial Group Inc. boosted its position in shares of BlackRock Limited Duration Income Trust by 41.4% during the second quarter. Jefferies Financial Group Inc. now owns 92,852 shares of the investment management company’s stock valued at $1,196,000 after buying an additional 27,177 shares during the period. Cetera Advisor Networks LLC boosted its position in shares of BlackRock Limited Duration Income Trust by 72.3% during the second quarter. Cetera Advisor Networks LLC now owns 31,056 shares of the investment management company’s stock valued at $400,000 after buying an additional 13,031 shares during the period. Finally, Pointe Capital Management LLC boosted its position in shares of BlackRock Limited Duration Income Trust by 5.3% during the third quarter. Pointe Capital Management LLC now owns 25,965 shares of the investment management company’s stock valued at $334,000 after buying an additional 1,300 shares during the period.

BlackRock Limited Duration Income Trust Price Performance

BLW stock opened at $13.96 on Thursday. The stock’s fifty day simple moving average is $13.99 and its two-hundred day simple moving average is $13.46. BlackRock Limited Duration Income Trust has a 1-year low of $12.35 and a 1-year high of $14.26.

BlackRock Limited Duration Income Trust Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, April 15th will be issued a $0.108 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 9.28%. The ex-dividend date is Friday, April 12th.

BlackRock Limited Duration Income Trust Company Profile

(Get Free Report)

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.

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