Cetera Investment Advisers Increases Stake in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Cetera Investment Advisers boosted its stake in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 61.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,404 shares of the company’s stock after purchasing an additional 28,657 shares during the period. Cetera Investment Advisers’ holdings in Franklin Limited Duration Income Trust were worth $487,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FTF. Wells Fargo & Company MN grew its position in shares of Franklin Limited Duration Income Trust by 13.1% in the 4th quarter. Wells Fargo & Company MN now owns 721,088 shares of the company’s stock worth $4,781,000 after buying an additional 83,285 shares during the last quarter. Invesco Ltd. grew its position in shares of Franklin Limited Duration Income Trust by 3.4% in the 4th quarter. Invesco Ltd. now owns 832,151 shares of the company’s stock worth $5,517,000 after buying an additional 27,226 shares during the last quarter. Raymond James Financial Inc. bought a new stake in shares of Franklin Limited Duration Income Trust in the 4th quarter worth approximately $880,000. Mariner LLC bought a new stake in shares of Franklin Limited Duration Income Trust in the 4th quarter worth approximately $76,000. Finally, Shaker Financial Services LLC grew its position in shares of Franklin Limited Duration Income Trust by 11.9% in the 4th quarter. Shaker Financial Services LLC now owns 441,873 shares of the company’s stock worth $2,930,000 after buying an additional 47,009 shares during the last quarter.

Franklin Limited Duration Income Trust Stock Down 0.3%

Shares of FTF stock opened at $6.43 on Friday. The business’s fifty day moving average is $6.42 and its 200 day moving average is $6.42. Franklin Limited Duration Income Trust has a twelve month low of $5.57 and a twelve month high of $6.83.

Franklin Limited Duration Income Trust Dividend Announcement

The business also recently declared a dividend, which will be paid on Friday, August 29th. Stockholders of record on Tuesday, August 19th will be issued a $0.0615 dividend. The ex-dividend date is Monday, August 18th. This represents a dividend yield of 1,148.0%.

Franklin Limited Duration Income Trust Company 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.