Concurrent Investment Advisors LLC Boosts Stock Position in BlackRock Limited Duration Income Trust $BLW

Concurrent Investment Advisors LLC raised its position in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 15.2% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 17,942 shares of the investment management company’s stock after purchasing an additional 2,364 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in BlackRock Limited Duration Income Trust were worth $254,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in BLW. Oliver Lagore Vanvalin Investment Group purchased a new stake in BlackRock Limited Duration Income Trust during the 2nd quarter valued at about $47,000. Janney Montgomery Scott LLC grew its stake in BlackRock Limited Duration Income Trust by 43.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 26,736 shares of the investment management company’s stock valued at $378,000 after purchasing an additional 8,068 shares during the last quarter. Round Rock Advisors LLC grew its stake in BlackRock Limited Duration Income Trust by 151.5% during the 1st quarter. Round Rock Advisors LLC now owns 33,832 shares of the investment management company’s stock valued at $478,000 after purchasing an additional 20,378 shares during the last quarter. Comerica Bank grew its stake in BlackRock Limited Duration Income Trust by 21.8% during the 1st quarter. Comerica Bank now owns 47,357 shares of the investment management company’s stock valued at $670,000 after purchasing an additional 8,481 shares during the last quarter. Finally, Smith Asset Management Co. LLC purchased a new stake in shares of BlackRock Limited Duration Income Trust in the first quarter worth about $750,000.

BlackRock Limited Duration Income Trust Stock Performance

Shares of BLW opened at $13.76 on Tuesday. BlackRock Limited Duration Income Trust has a 52 week low of $12.48 and a 52 week high of $14.51. The stock’s 50-day moving average price is $14.08 and its 200-day moving average price is $13.97.

BlackRock Limited Duration Income Trust Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 31st. Stockholders of record on Wednesday, October 15th will be paid a $0.1132 dividend. The ex-dividend date is Wednesday, October 15th. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%.

BlackRock Limited Duration Income Trust Company Profile

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.