BlackRock Limited Duration Income Trust (NYSE:BLW) Short Interest Update

BlackRock Limited Duration Income Trust (NYSE:BLW) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 126,500 shares, a decrease of 13.6% from the March 15th total of 146,400 shares. Based on an average daily volume of 88,900 shares, the short-interest ratio is presently 1.4 days.

BlackRock Limited Duration Income Trust Stock Down 0.9 %

Shares of BLW stock traded down $0.12 during trading on Friday, hitting $13.50. The company had a trading volume of 92,466 shares, compared to its average volume of 88,673. The stock’s 50-day moving average is $13.96 and its two-hundred day moving average is $13.50. BlackRock Limited Duration Income Trust has a 52 week low of $12.35 and a 52 week high of $14.26.

BlackRock Limited Duration Income Trust Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, April 15th will be given a $0.108 dividend. This represents a $1.30 annualized dividend and a dividend yield of 9.60%. The ex-dividend date of this dividend is Friday, April 12th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Pathstone Family Office LLC bought a new position in shares of BlackRock Limited Duration Income Trust in the third quarter worth approximately $176,000. Blue Zone Wealth Advisors LLC grew its position in BlackRock Limited Duration Income Trust by 3.1% during the fourth quarter. Blue Zone Wealth Advisors LLC now owns 412,093 shares of the investment management company’s stock valued at $5,761,000 after acquiring an additional 12,217 shares during the last quarter. Consolidated Portfolio Review Corp bought a new position in BlackRock Limited Duration Income Trust during the fourth quarter valued at approximately $383,000. Carmichael Hill & Associates Inc. grew its position in BlackRock Limited Duration Income Trust by 7.8% during the fourth quarter. Carmichael Hill & Associates Inc. now owns 14,488 shares of the investment management company’s stock valued at $203,000 after acquiring an additional 1,054 shares during the last quarter. Finally, Pointe Capital Management LLC grew its position in BlackRock Limited Duration Income Trust by 5.3% during the third quarter. Pointe Capital Management LLC now owns 25,965 shares of the investment management company’s stock valued at $334,000 after acquiring an additional 1,300 shares during the last quarter.

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.