Shaker Financial Services LLC Has $734,000 Stock Position in BlackRock Limited Duration Income Trust (NYSE:BLW)

Shaker Financial Services LLC lowered its holdings in BlackRock Limited Duration Income Trust (NYSE:BLW) by 26.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 52,574 shares of the investment management company’s stock after selling 18,642 shares during the quarter. Shaker Financial Services LLC’s holdings in BlackRock Limited Duration Income Trust were worth $734,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. GraniteShares Advisors LLC grew its holdings in shares of BlackRock Limited Duration Income Trust by 14.2% during the second quarter. GraniteShares Advisors LLC now owns 140,177 shares of the investment management company’s stock valued at $1,957,000 after buying an additional 17,482 shares during the last quarter. Consolidated Portfolio Review Corp boosted its holdings in BlackRock Limited Duration Income Trust by 3.3% during the second quarter. Consolidated Portfolio Review Corp now owns 26,559 shares of the investment management company’s stock worth $371,000 after purchasing an additional 856 shares during the last quarter. Concurrent Investment Advisors LLC purchased a new position in BlackRock Limited Duration Income Trust during the second quarter worth about $210,000. Virtu Financial LLC purchased a new position in BlackRock Limited Duration Income Trust during the first quarter worth about $165,000. Finally, Rockport Wealth LLC purchased a new position in BlackRock Limited Duration Income Trust during the first quarter worth about $374,000.

BlackRock Limited Duration Income Trust Price Performance

Shares of BlackRock Limited Duration Income Trust stock remained flat at $14.41 on Thursday. 39,868 shares of the stock were exchanged, compared to its average volume of 91,743. The business has a 50 day moving average of $14.15 and a 200 day moving average of $13.93. BlackRock Limited Duration Income Trust has a 1 year low of $12.35 and a 1 year high of $14.56.

BlackRock Limited Duration Income Trust Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be paid a dividend of $0.1132 per share. This is a boost from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. This represents a $1.36 dividend on an annualized basis and a dividend yield of 9.43%. The ex-dividend date of this dividend is Monday, September 16th.

About BlackRock Limited Duration Income Trust

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.