69,578 Shares in BlackRock Limited Duration Income Trust $BLW Bought by Lido Advisors LLC

Lido Advisors LLC purchased a new position in BlackRock Limited Duration Income Trust (NYSE:BLW) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 69,578 shares of the investment management company’s stock, valued at approximately $956,000.

Other hedge funds also recently modified their holdings of the company. Allworth Financial LP increased its position in shares of BlackRock Limited Duration Income Trust by 62.6% in the fourth quarter. Allworth Financial LP now owns 2,146 shares of the investment management company’s stock worth $29,000 after purchasing an additional 826 shares during the period. Readystate Asset Management LP bought a new position in shares of BlackRock Limited Duration Income Trust in the third quarter worth $150,000. Moloney Securities Asset Management LLC bought a new position in shares of BlackRock Limited Duration Income Trust in the third quarter worth $154,000. Delta Financial Advisors LLC bought a new position in shares of BlackRock Limited Duration Income Trust in the fourth quarter worth $174,000. Finally, Wolverine Asset Management LLC bought a new position in shares of BlackRock Limited Duration Income Trust in the fourth quarter worth $338,000.

BlackRock Limited Duration Income Trust Stock Performance

Shares of NYSE BLW opened at $12.29 on Wednesday. BlackRock Limited Duration Income Trust has a 52 week low of $12.06 and a 52 week high of $14.30. The stock’s fifty day moving average is $12.60 and its 200 day moving average is $13.25.

BlackRock Limited Duration Income Trust Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.1132 dividend. The ex-dividend date is Tuesday, September 15th. This represents a c) dividend on an annualized basis and a dividend yield of 11.1%.

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.