Moors & Cabot Inc. Has $122,000 Stake in Franklin Limited Duration Income Trust $FTF

Moors & Cabot Inc. trimmed its stake in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 42.4% in the second quarter, Holdings Channel.com reports. The firm owned 19,000 shares of the company’s stock after selling 14,000 shares during the quarter. Moors & Cabot Inc.’s holdings in Franklin Limited Duration Income Trust were worth $122,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. boosted its stake in shares of Franklin Limited Duration Income Trust by 349.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 72,822 shares of the company’s stock valued at $470,000 after buying an additional 56,612 shares during the period. D.A. Davidson & CO. acquired a new position in shares of Franklin Limited Duration Income Trust in the second quarter worth $98,000. Choreo LLC raised its holdings in shares of Franklin Limited Duration Income Trust by 24.6% during the first quarter. Choreo LLC now owns 22,402 shares of the company’s stock worth $145,000 after acquiring an additional 4,420 shares in the last quarter. Creative Financial Designs Inc. ADV raised its holdings in shares of Franklin Limited Duration Income Trust by 67.1% during the second quarter. Creative Financial Designs Inc. ADV now owns 56,408 shares of the company’s stock worth $362,000 after acquiring an additional 22,650 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in Franklin Limited Duration Income Trust by 61.3% during the first quarter. Cetera Investment Advisers now owns 75,404 shares of the company’s stock valued at $487,000 after purchasing an additional 28,657 shares during the last quarter.

Franklin Limited Duration Income Trust Stock Performance

Shares of NYSEAMERICAN FTF opened at $6.15 on Monday. Franklin Limited Duration Income Trust has a one year low of $5.57 and a one year high of $6.75. The business’s 50-day moving average price is $6.32 and its two-hundred day moving average price is $6.37.

Franklin Limited Duration Income Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, November 28th. Investors of record on Monday, November 17th will be paid a $0.0615 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a c) annualized dividend and a dividend yield of 12.0%.

About Franklin Limited Duration Income Trust

Franklin Limited Duration Income Trust is a closed-ended fixed income mutual fund launched by Franklin Resources, Inc The fund is managed by Franklin Advisers, Inc It invests in the fixed income markets of the United States. The fund primarily invests in mortgage-backed securities, asset-backed securities, floating rate bank loans, and high yield corporate bonds.