BlackRock Limited Duration Income Trust (NYSE:BLW – Get Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $12.54 and traded as low as $12.18. BlackRock Limited Duration Income Trust shares last traded at $12.25, with a volume of 103,368 shares trading hands.
BlackRock Limited Duration Income Trust Trading Up 0.2%
The stock has a fifty day moving average price of $12.54 and a two-hundred day moving average price of $13.14.
BlackRock Limited Duration Income Trust Dividend Announcement
The firm also recently announced a monthly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.1132 dividend. This represents a c) annualized dividend and a yield of 11.1%. The ex-dividend date is Tuesday, September 15th.
Institutional Inflows and Outflows
About BlackRock Limited Duration Income Trust
BlackRock Limited Duration Income Trust (NYSE: BLW) is a closed-end management investment company that seeks to provide shareholders with high current income while maintaining a low portfolio duration. The trust primarily invests in a diversified portfolio of investment-grade corporate bonds, mortgage-backed securities and other fixed-income instruments. By focusing on limited-duration securities, BLW aims to reduce interest rate sensitivity relative to broad bond market benchmarks.
Launched in 2011, BLW is managed by a team of fixed-income specialists at BlackRock Advisors LLC, drawing on the firm’s global credit research capabilities and risk-management infrastructure.
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