Kovitz Investment Group Partners LLC continued to hold its position in shares of BlackRock Ltd. Duration Income Trust (NYSE:BLW) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,940 shares of the investment management company’s stock at the end of the second quarter. Kovitz Investment Group Partners LLC’s holdings in BlackRock Ltd. Duration Income Trust were worth $962,000 as of its most recent filing with the SEC.
Separately, SeaBridge Investment Advisors LLC boosted its position in BlackRock Ltd. Duration Income Trust by 0.3% in the second quarter. SeaBridge Investment Advisors LLC now owns 65,930 shares of the investment management company’s stock valued at $1,040,000 after buying an additional 165 shares during the period.
BlackRock Ltd. Duration Income Trust (NYSE BLW) traded down 0.13% on Friday, hitting $15.83. 93,562 shares of the stock traded hands. BlackRock Ltd. Duration Income Trust has a 1-year low of $14.74 and a 1-year high of $16.14. The stock has a 50-day moving average price of $15.85 and a 200 day moving average price of $15.72.
The business also recently disclosed a monthly dividend, which will be paid on Thursday, August 31st. Stockholders of record on Tuesday, August 15th will be paid a $0.079 dividend. The ex-dividend date of this dividend is Friday, August 11th. This represents a $0.95 annualized dividend and a dividend yield of 5.99%.
In other news, major shareholder Citigroup Inc sold 1,004 shares of BlackRock Ltd. Duration Income Trust stock in a transaction on Wednesday, July 5th. The shares were sold at an average price of $50,000.00, for a total value of $50,200,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 1,248 shares of company stock valued at $56,300,000 in the last quarter.
BlackRock Ltd. Duration Income Trust Company Profile
BlackRock Limited Duration Income Trust is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income and capital appreciation. It seeks to achieve its investment objective by investing in three asset classes, such as intermediate duration, investment grade corporate bonds, mortgage-related securities, asset-backed securities and the United States Government and agency securities; senior, secured floating rate loans made to corporate and other business entities, and the United States dollar-denominated securities of the United States and non-United States issuers rated below investment grade or unrated and deemed by the investment advisor to be of comparable quality and, to a limited extent, non-United States dollar denominated securities of non-United States issuers rated below investment grade or unrated and deemed by the investment advisor to be of comparable quality.
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