MML Investors Services LLC Has $217,000 Stock Holdings in BlackRock Limited Duration Income Trust (NYSE:BLW)

MML Investors Services LLC increased its holdings in shares of BlackRock Limited Duration Income Trust (NYSE:BLW) by 14.2% during the 3rd quarter, Holdings Channel.com reports. The fund owned 15,012 shares of the investment management company’s stock after acquiring an additional 1,864 shares during the period. MML Investors Services LLC’s holdings in BlackRock Limited Duration Income Trust were worth $217,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in BLW. Principal Securities Inc. lifted its stake in BlackRock Limited Duration Income Trust by 95.3% during the third quarter. Principal Securities Inc. now owns 213,901 shares of the investment management company’s stock worth $3,097,000 after purchasing an additional 104,388 shares during the period. GraniteShares Advisors LLC lifted its position in shares of BlackRock Limited Duration Income Trust by 14.2% during the 2nd quarter. GraniteShares Advisors LLC now owns 140,177 shares of the investment management company’s stock worth $1,957,000 after buying an additional 17,482 shares during the period. Annex Advisory Services LLC bought a new position in shares of BlackRock Limited Duration Income Trust during the 3rd quarter worth approximately $223,000. Concurrent Investment Advisors LLC acquired a new stake in BlackRock Limited Duration Income Trust in the 2nd quarter valued at $210,000. Finally, Luken Investment Analytics LLC bought a new stake in BlackRock Limited Duration Income Trust in the second quarter valued at $35,000.

BlackRock Limited Duration Income Trust Trading Up 0.1 %

BlackRock Limited Duration Income Trust stock opened at $14.17 on Friday. The stock has a fifty day moving average price of $14.26 and a two-hundred day moving average price of $14.22. BlackRock Limited Duration Income Trust has a 52-week low of $13.24 and a 52-week high of $14.63.

BlackRock Limited Duration Income Trust Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, December 23rd. Investors of record on Monday, December 16th were issued a dividend of $0.1132 per share. This represents a $1.36 dividend on an annualized basis and a yield of 9.59%. This is a boost from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. The ex-dividend date was Monday, December 16th.

BlackRock Limited 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.