Royal Bank of Canada Has $1.35 Million Holdings in BlackRock Ltd. Duration Income Trust (BLW)

Royal Bank of Canada raised its stake in BlackRock Ltd. Duration Income Trust (NYSE:BLW) by 2.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 85,324 shares of the investment management company’s stock after purchasing an additional 2,375 shares during the quarter. Royal Bank of Canada’s holdings in BlackRock Ltd. Duration Income Trust were worth $1,346,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. HighTower Advisors LLC purchased a new position in shares of BlackRock Ltd. Duration Income Trust in the 2nd quarter valued at approximately $165,000. Raymond James Trust N.A. grew its stake in shares of BlackRock Ltd. Duration Income Trust by 12.8% in the 2nd quarter. Raymond James Trust N.A. now owns 11,328 shares of the investment management company’s stock valued at $179,000 after purchasing an additional 1,286 shares during the last quarter. First Allied Advisory Services Inc. purchased a new position in shares of BlackRock Ltd. Duration Income Trust in the 2nd quarter valued at approximately $187,000. Advisor Group Inc. grew its stake in shares of BlackRock Ltd. Duration Income Trust by 12.1% in the 2nd quarter. Advisor Group Inc. now owns 13,257 shares of the investment management company’s stock valued at $209,000 after purchasing an additional 1,429 shares during the last quarter. Finally, Wayne Hummer Investments L.L.C. grew its stake in shares of BlackRock Ltd. Duration Income Trust by 1.3% in the 2nd quarter. Wayne Hummer Investments L.L.C. now owns 13,306 shares of the investment management company’s stock valued at $210,000 after purchasing an additional 166 shares during the last quarter.

In other news, major shareholder Citigroup Inc sold 36 shares of the stock in a transaction that occurred on Wednesday, October 18th. The stock was sold at an average price of $100,000.00, for a total transaction of $3,600,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

The business also recently declared a monthly dividend, which was paid on Tuesday, October 31st. Stockholders of record on Monday, October 16th were given a dividend of $0.0795 per share. This represents a $0.95 dividend on an annualized basis and a dividend yield of 5.94%. The ex-dividend date of this dividend was Friday, October 13th.

ILLEGAL ACTIVITY NOTICE: This piece of content was originally published by Community Financial News and is owned by of Community Financial News. If you are accessing this piece of content on another website, it was illegally copied and republished in violation of US & international copyright & trademark laws. The original version of this piece of content can be viewed at https://www.com-unik.info/2017/11/02/royal-bank-of-canada-has-1-35-million-holdings-in-blackrock-ltd-duration-income-trust-blw.html.

BlackRock Ltd. Duration Income Trust 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.

Institutional Ownership by Quarter for BlackRock Ltd. Duration Income Trust (NYSE:BLW)

What are top analysts saying about BlackRock Ltd. Duration Income Trust? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for BlackRock Ltd. Duration Income Trust and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit