Blue Zone Wealth Advisors LLC Decreases Holdings in BlackRock Limited Duration Income Trust $BLW

Blue Zone Wealth Advisors LLC reduced its position in BlackRock Limited Duration Income Trust (NYSE:BLW) by 18.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 272,696 shares of the investment management company’s stock after selling 60,492 shares during the period. Blue Zone Wealth Advisors LLC’s holdings in BlackRock Limited Duration Income Trust were worth $3,747,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. NewEdge Wealth LLC acquired a new stake in BlackRock Limited Duration Income Trust in the third quarter valued at $1,972,000. UBS Group AG raised its stake in shares of BlackRock Limited Duration Income Trust by 8.9% during the 3rd quarter. UBS Group AG now owns 649,166 shares of the investment management company’s stock worth $9,088,000 after buying an additional 52,821 shares during the last quarter. Bank of America Corp DE raised its stake in shares of BlackRock Limited Duration Income Trust by 7.8% during the 3rd quarter. Bank of America Corp DE now owns 301,090 shares of the investment management company’s stock worth $4,215,000 after buying an additional 21,747 shares during the last quarter. GraniteShares Advisors LLC boosted its position in shares of BlackRock Limited Duration Income Trust by 9.7% in the 3rd quarter. GraniteShares Advisors LLC now owns 217,573 shares of the investment management company’s stock worth $3,046,000 after buying an additional 19,159 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in shares of BlackRock Limited Duration Income Trust by 105.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 28,108 shares of the investment management company’s stock worth $394,000 after buying an additional 14,431 shares in the last quarter.

BlackRock Limited Duration Income Trust Price Performance

Shares of NYSE BLW opened at $12.52 on Monday. The company’s 50-day moving average price is $13.35 and its 200 day moving average price is $13.67. BlackRock Limited Duration Income Trust has a 52 week low of $12.06 and a 52 week high of $14.30.

BlackRock Limited Duration Income Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a dividend of $0.1132 per share. This represents a c) dividend on an annualized basis and a dividend yield of 10.9%. The ex-dividend date of this dividend is Monday, June 15th.

BlackRock Limited Duration Income Trust Company Profile

BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.

Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.