Franklin Limited Duration Income Trust of Beneficial Interest (NYSEAMERICAN:FTF) Stake Decreased by Ameriprise Financial Inc.

Ameriprise Financial Inc. cut its stake in shares of Franklin Limited Duration Income Trust of Beneficial Interest (NYSEAMERICAN:FTF) by 32.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 82,208 shares of the company’s stock after selling 40,143 shares during the period. Ameriprise Financial Inc. owned approximately 0.36% of Franklin Limited Duration Income Trust of Beneficial Interest worth $987,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. First Trust Advisors LP purchased a new position in Franklin Limited Duration Income Trust of Beneficial Interest in the second quarter worth approximately $602,000. Advisor Group Inc. lifted its stake in Franklin Limited Duration Income Trust of Beneficial Interest by 1,078.8% in the second quarter. Advisor Group Inc. now owns 127,137 shares of the company’s stock worth $1,504,000 after acquiring an additional 116,352 shares during the last quarter. First Allied Advisory Services Inc. lifted its stake in Franklin Limited Duration Income Trust of Beneficial Interest by 13.7% in the second quarter. First Allied Advisory Services Inc. now owns 18,015 shares of the company’s stock worth $214,000 after acquiring an additional 2,167 shares during the last quarter. Finally, Raymond James Financial Services Advisors Inc. lifted its stake in Franklin Limited Duration Income Trust of Beneficial Interest by 21.2% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 37,241 shares of the company’s stock worth $441,000 after acquiring an additional 6,523 shares during the last quarter.

Franklin Limited Duration Income Trust of Beneficial Interest (NYSEAMERICAN:FTF) traded down $0.07 during mid-day trading on Friday, reaching $11.61. 78,495 shares of the company traded hands, compared to its average volume of 138,007. Franklin Limited Duration Income Trust of Beneficial Interest has a 1 year low of $11.46 and a 1 year high of $12.33.

The company also recently disclosed a monthly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Wednesday, January 31st will be paid a $0.1034 dividend. The ex-dividend date is Tuesday, January 30th. This represents a $1.24 annualized dividend and a yield of 10.69%.

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Institutional Ownership by Quarter for Franklin Limited Duration Income Trust of Beneficial Interest (NYSEAMERICAN:FTF)

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