53,400 Shares in BlackRock Ltd. Duration Income Trust (BLW) Purchased by NINE MASTS CAPITAL Ltd

NINE MASTS CAPITAL Ltd bought a new position in shares of BlackRock Ltd. Duration Income Trust (NYSE:BLW) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 53,400 shares of the investment management company’s stock, valued at approximately $795,000.

Several other large investors also recently modified their holdings of the company. Morgan Stanley increased its position in shares of BlackRock Ltd. Duration Income Trust by 5.3% during the third quarter. Morgan Stanley now owns 2,452,721 shares of the investment management company’s stock worth $36,521,000 after acquiring an additional 122,510 shares during the period. Rehmann Capital Advisory Group increased its position in shares of BlackRock Ltd. Duration Income Trust by 1,388.9% during the third quarter. Rehmann Capital Advisory Group now owns 23,436 shares of the investment management company’s stock worth $1,574,000 after acquiring an additional 21,862 shares during the period. Envestnet Asset Management Inc. purchased a new position in shares of BlackRock Ltd. Duration Income Trust during the third quarter worth approximately $202,000. First Foundation Advisors increased its position in shares of BlackRock Ltd. Duration Income Trust by 4.7% during the third quarter. First Foundation Advisors now owns 287,447 shares of the investment management company’s stock worth $4,280,000 after acquiring an additional 13,000 shares during the period. Finally, Shaker Financial Services LLC increased its position in shares of BlackRock Ltd. Duration Income Trust by 14.0% during the third quarter. Shaker Financial Services LLC now owns 199,368 shares of the investment management company’s stock worth $2,969,000 after acquiring an additional 24,487 shares during the period.

Shares of NYSE:BLW traded up $0.02 during trading on Friday, reaching $14.04. 15,275 shares of the company were exchanged, compared to its average volume of 94,177. BlackRock Ltd. Duration Income Trust has a 12-month low of $13.91 and a 12-month high of $16.29.

The business also recently announced a monthly dividend, which will be paid on Wednesday, December 19th. Stockholders of record on Thursday, December 13th will be given a dividend of $0.0795 per share. The ex-dividend date is Wednesday, December 12th. This is a positive change from BlackRock Ltd. Duration Income Trust’s previous monthly dividend of $0.08. This represents a $0.95 dividend on an annualized basis and a dividend yield of 6.79%.

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BlackRock Ltd. 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.

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Institutional Ownership by Quarter for BlackRock Ltd. Duration Income Trust (NYSE:BLW)

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