BlackRock Ltd. Duration Income Trust (BLW) : Pointe Capital Management reduced its stake in BlackRock Ltd. Duration Income Trust by 9.66% during the most recent quarter end. The investment management company now holds a total of 40,594 shares of BlackRock Ltd. Duration Income Trust which is valued at $628,801 after selling 4,340 shares in BlackRock Ltd. Duration Income Trust , the firm said in a disclosure report filed with the SEC on Jul 26, 2016.BlackRock Ltd. Duration Income Trust makes up approximately 0.45% of Pointe Capital Management’s portfolio.
Other Hedge Funds, Including , Wealthtrust Axiom reduced its stake in BLW by selling 250 shares or 1.99% in the most recent quarter. The Hedge Fund company now holds 12,300 shares of BLW which is valued at $190,527. BlackRock Ltd. Duration Income Trust makes up approx 0.07% of Wealthtrust Axiom’s portfolio. Financial Architects Inc added BLW to its portfolio by purchasing 200 company shares during the most recent quarter which is valued at $3,098.Creative Planning reduced its stake in BLW by selling 850 shares or 20.07% in the most recent quarter. The Hedge Fund company now holds 3,385 shares of BLW which is valued at $51,655.
BlackRock Limited Duration Income Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide current income and capital appreciation. The Fund invests in three distinct asset classes: intermediate duration investment grade corporate bonds mortgage-related securities asset-backed securities and United States Government and agency securities; senior secured floating rate loans made to corporate and other business entities and US dollar-denominated securities of United States and non-United States issuers rated below investment grade and to a limited extent non-US dollar denominated securities of non-US issuers rated below investment grade. The Trust’s investment advisor is BlackRock Advisors Inc. and its sub-advisor is BlackRock Financial Management Inc. both of which are wholly owned subsidiaries of BlackRock Inc.