Prospera Financial Services Inc Boosts Stock Position in BlackRock Limited Duration Income Trust (NYSE:BLW)

Prospera Financial Services Inc grew its holdings in BlackRock Limited Duration Income Trust (NYSE:BLW) by 18.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 12,298 shares of the investment management company’s stock after buying an additional 1,939 shares during the quarter. Prospera Financial Services Inc’s holdings in BlackRock Limited Duration Income Trust were worth $178,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in BLW. Luken Investment Analytics LLC purchased a new stake in shares of BlackRock Limited Duration Income Trust in the second quarter valued at approximately $35,000. Virtu Financial LLC purchased a new stake in shares of BlackRock Limited Duration Income Trust during the first quarter worth approximately $165,000. Concurrent Investment Advisors LLC purchased a new stake in shares of BlackRock Limited Duration Income Trust during the second quarter worth approximately $210,000. Annex Advisory Services LLC purchased a new stake in shares of BlackRock Limited Duration Income Trust during the third quarter worth approximately $223,000. Finally, Consolidated Portfolio Review Corp increased its position in shares of BlackRock Limited Duration Income Trust by 3.3% during the second quarter. Consolidated Portfolio Review Corp now owns 26,559 shares of the investment management company’s stock worth $371,000 after purchasing an additional 856 shares in the last quarter.

BlackRock Limited Duration Income Trust Trading Down 0.1 %

Shares of BLW opened at $14.24 on Tuesday. BlackRock Limited Duration Income Trust has a one year low of $12.96 and a one year high of $14.63. The stock has a 50 day moving average price of $14.34 and a 200 day moving average price of $14.14.

BlackRock Limited Duration Income Trust Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be given a dividend of $0.1132 per share. This represents a $1.36 annualized dividend and a dividend yield of 9.54%. This is a boost from BlackRock Limited Duration Income Trust’s previous monthly dividend of $0.09. The ex-dividend date is Friday, November 15th.

About BlackRock Limited Duration Income Trust

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.