Stifel Financial Corp Buys 2,633 Shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Stifel Financial Corp increased its position in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 17.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 18,037 shares of the company’s stock after acquiring an additional 2,633 shares during the quarter. Stifel Financial Corp’s holdings in Franklin Limited Duration Income Trust were worth $120,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of FTF. Choreo LLC bought a new position in Franklin Limited Duration Income Trust in the 2nd quarter worth about $85,000. Oliver Lagore Vanvalin Investment Group grew its holdings in shares of Franklin Limited Duration Income Trust by 15.7% during the second quarter. Oliver Lagore Vanvalin Investment Group now owns 12,519 shares of the company’s stock worth $79,000 after purchasing an additional 1,700 shares in the last quarter. SeaCrest Wealth Management LLC increased its position in shares of Franklin Limited Duration Income Trust by 5.9% in the third quarter. SeaCrest Wealth Management LLC now owns 44,561 shares of the company’s stock worth $297,000 after purchasing an additional 2,498 shares during the last quarter. Covenant Partners LLC purchased a new stake in Franklin Limited Duration Income Trust in the third quarter valued at approximately $69,000. Finally, Pathstone Holdings LLC lifted its position in Franklin Limited Duration Income Trust by 20.6% during the third quarter. Pathstone Holdings LLC now owns 1,758,725 shares of the company’s stock valued at $11,731,000 after purchasing an additional 300,528 shares during the last quarter.

Franklin Limited Duration Income Trust Stock Up 0.8 %

Shares of NYSEAMERICAN:FTF opened at $6.50 on Tuesday. Franklin Limited Duration Income Trust has a one year low of $6.08 and a one year high of $6.83.

Franklin Limited Duration Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, December 31st. Investors of record on Monday, December 16th will be paid a $0.0615 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.74 dividend on an annualized basis and a yield of 11.35%.

Franklin Limited Duration Income Trust Profile

Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds.