Greytown Advisors Inc. Acquires 7,050 Shares of BlackRock Ltd. Duration Income Trust (NYSE:BLW)

Greytown Advisors Inc. boosted its holdings in shares of BlackRock Ltd. Duration Income Trust (NYSE:BLW) by 61.5% during the 1st quarter, HoldingsChannel reports. The fund owned 18,521 shares of the investment management company’s stock after buying an additional 7,050 shares during the period. Greytown Advisors Inc.’s holdings in BlackRock Ltd. Duration Income Trust were worth $272,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of BLW. Capital Investment Advisors LLC grew its holdings in BlackRock Ltd. Duration Income Trust by 138.5% during the 1st quarter. Capital Investment Advisors LLC now owns 432,296 shares of the investment management company’s stock worth $6,355,000 after acquiring an additional 251,019 shares in the last quarter. Cohen & Steers Inc. boosted its holdings in shares of BlackRock Ltd. Duration Income Trust by 106.0% in the 4th quarter. Cohen & Steers Inc. now owns 304,945 shares of the investment management company’s stock valued at $4,077,000 after buying an additional 156,894 shares in the last quarter. RMB Capital Management LLC boosted its holdings in shares of BlackRock Ltd. Duration Income Trust by 676.2% in the 4th quarter. RMB Capital Management LLC now owns 159,620 shares of the investment management company’s stock valued at $2,134,000 after buying an additional 139,056 shares in the last quarter. Private Management Group Inc. boosted its holdings in shares of BlackRock Ltd. Duration Income Trust by 28.4% in the 4th quarter. Private Management Group Inc. now owns 595,798 shares of the investment management company’s stock valued at $7,966,000 after buying an additional 131,722 shares in the last quarter. Finally, IHT Wealth Management LLC bought a new stake in shares of BlackRock Ltd. Duration Income Trust in the 4th quarter valued at about $1,691,000.

Shares of NYSE:BLW traded up $0.12 during trading on Friday, reaching $14.89. The stock had a trading volume of 200 shares, compared to its average volume of 86,801. BlackRock Ltd. Duration Income Trust has a one year low of $13.00 and a one year high of $15.09.

The business also recently announced a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be paid a $0.079 dividend. This represents a $0.95 dividend on an annualized basis and a yield of 6.37%. The ex-dividend date is Thursday, June 13th.

In related news, CEO Stephen Bird sold 30,000 shares of BlackRock Ltd. Duration Income Trust stock in a transaction that occurred on Monday, April 22nd. The shares were sold at an average price of $69.33, for a total value of $2,079,900.00. Following the completion of the sale, the chief executive officer now directly owns 261,626 shares in the company, valued at approximately $18,138,530.58. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

ILLEGAL ACTIVITY WARNING: This piece of content was first published by Modern Readers and is the sole property of of Modern Readers. If you are accessing this piece of content on another website, it was illegally copied and reposted in violation of U.S. & international trademark and copyright legislation. The correct version of this piece of content can be accessed at https://www.modernreaders.com/news/2019/06/14/greytown-advisors-inc-acquires-7050-shares-of-blackrock-ltd-duration-income-trust-nyseblw.html.

BlackRock Ltd. Duration Income Trust Company Profile

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.

See Also: How mutual funds make money

Want to see what other hedge funds are holding BLW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BlackRock Ltd. Duration Income Trust (NYSE:BLW).

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

Receive News & Ratings for BlackRock Ltd. Duration Income Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BlackRock Ltd. Duration Income Trust and related companies with MarketBeat.com's FREE daily email newsletter.