Wells Fargo & Company MN Sells 47,405 Shares of BlackRock Limited Duration Income Trust (NYSE:BLW)

Wells Fargo & Company MN lowered its holdings in BlackRock Limited Duration Income Trust (NYSE:BLWFree Report) by 5.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 862,725 shares of the investment management company’s stock after selling 47,405 shares during the period. Wells Fargo & Company MN’s holdings in BlackRock Limited Duration Income Trust were worth $12,061,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of BLW. Carmichael Hill & Associates Inc. grew its stake in BlackRock Limited Duration Income Trust by 7.8% in the 4th quarter. Carmichael Hill & Associates Inc. now owns 14,488 shares of the investment management company’s stock valued at $203,000 after buying an additional 1,054 shares in the last quarter. Janney Montgomery Scott LLC grew its position in shares of BlackRock Limited Duration Income Trust by 2.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 46,352 shares of the investment management company’s stock valued at $648,000 after purchasing an additional 1,175 shares in the last quarter. Wealth Alliance raised its stake in shares of BlackRock Limited Duration Income Trust by 7.1% during the 3rd quarter. Wealth Alliance now owns 54,820 shares of the investment management company’s stock valued at $706,000 after purchasing an additional 3,620 shares during the period. Blue Zone Wealth Advisors LLC lifted its holdings in BlackRock Limited Duration Income Trust by 3.1% during the 4th quarter. Blue Zone Wealth Advisors LLC now owns 412,093 shares of the investment management company’s stock worth $5,761,000 after purchasing an additional 12,217 shares in the last quarter. Finally, Pathstone Family Office LLC purchased a new stake in BlackRock Limited Duration Income Trust during the 3rd quarter worth about $176,000.

BlackRock Limited Duration Income Trust Stock Up 0.7 %

BLW stock opened at $13.76 on Monday. The stock has a 50-day simple moving average of $13.69 and a two-hundred day simple moving average of $13.70. BlackRock Limited Duration Income Trust has a twelve month low of $12.35 and a twelve month high of $14.26.

BlackRock Limited Duration Income Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, May 31st. Investors of record on Wednesday, May 15th were paid a dividend of $0.108 per share. The ex-dividend date was Tuesday, May 14th. This represents a $1.30 annualized dividend and a yield of 9.42%.

BlackRock Limited Duration Income Trust Company Profile

(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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Institutional Ownership by Quarter for BlackRock Limited Duration Income Trust (NYSE:BLW)

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