BlackRock Limited Duration Income Trust (NYSE:BLW) Stake Decreased by UBS Group AG

UBS Group AG lessened its holdings in shares of BlackRock Limited Duration Income Trust (NYSE:BLW – Get Rating) by 10.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 762,575 shares of the investment management company’s stock after selling 89,778 shares during the period. UBS Group AG’s holdings in BlackRock Limited Duration Income Trust were worth $9,967,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in BLW. Wells Fargo & Company MN increased its stake in shares of BlackRock Limited Duration Income Trust by 36.2% during the second quarter. Wells Fargo & Company MN now owns 489,757 shares of the investment management company’s stock valued at $6,196,000 after acquiring an additional 130,257 shares during the period. Invesco Ltd. increased its stake in shares of BlackRock Limited Duration Income Trust by 19.9% during the first quarter. Invesco Ltd. now owns 473,750 shares of the investment management company’s stock valued at $6,793,000 after acquiring an additional 78,743 shares during the period. Guggenheim Capital LLC increased its stake in shares of BlackRock Limited Duration Income Trust by 36.0% during the third quarter. Guggenheim Capital LLC now owns 431,907 shares of the investment management company’s stock valued at $5,226,000 after acquiring an additional 114,353 shares during the period. Bank of America Corp DE grew its position in BlackRock Limited Duration Income Trust by 24.5% in the first quarter. Bank of America Corp DE now owns 390,737 shares of the investment management company’s stock worth $5,603,000 after buying an additional 76,942 shares during the last quarter. Finally, Blue Zone Wealth Advisors LLC grew its position in BlackRock Limited Duration Income Trust by 1.0% in the fourth quarter. Blue Zone Wealth Advisors LLC now owns 332,082 shares of the investment management company’s stock worth $4,340,000 after buying an additional 3,278 shares during the last quarter.

BlackRock Limited Duration Income Trust Stock Performance

BlackRock Limited Duration Income Trust stock opened at $12.58 on Wednesday. BlackRock Limited Duration Income Trust has a 1 year low of $11.76 and a 1 year high of $14.13. The firm’s 50 day moving average price is $12.90 and its two-hundred day moving average price is $13.14.

BlackRock Limited Duration Income Trust Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 31st. Shareholders of record on Monday, May 15th will be given a $0.098 dividend. The ex-dividend date is Friday, May 12th. This represents a $1.18 annualized dividend and a yield of 9.35%.

BlackRock Limited Duration Income Trust Company Profile

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BlackRock Ltd. Duration Income Trust is a closed-end investment fund. Its investment objective is to provide current income and capital appreciation. The company was founded on July 13, 2003 and is headquartered in Wilmington, DE.