Pathstone Holdings LLC Trims Holdings in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF)

Pathstone Holdings LLC trimmed its position in Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 3.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,696,923 shares of the company’s stock after selling 61,802 shares during the quarter. Pathstone Holdings LLC’s holdings in Franklin Limited Duration Income Trust were worth $11,260,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in Franklin Limited Duration Income Trust by 1,283.0% in the 4th quarter. LPL Financial LLC now owns 874,447 shares of the company’s stock worth $5,798,000 after purchasing an additional 811,219 shares during the period. Invesco Ltd. boosted its position in shares of Franklin Limited Duration Income Trust by 3.4% during the 4th quarter. Invesco Ltd. now owns 832,151 shares of the company’s stock valued at $5,517,000 after acquiring an additional 27,226 shares during the last quarter. Guggenheim Capital LLC boosted its position in shares of Franklin Limited Duration Income Trust by 54.0% during the 4th quarter. Guggenheim Capital LLC now owns 804,510 shares of the company’s stock valued at $5,334,000 after acquiring an additional 281,953 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Franklin Limited Duration Income Trust by 13.1% during the 4th quarter. Wells Fargo & Company MN now owns 721,088 shares of the company’s stock valued at $4,781,000 after acquiring an additional 83,285 shares during the last quarter. Finally, Advisors Asset Management Inc. boosted its position in shares of Franklin Limited Duration Income Trust by 83.5% during the 4th quarter. Advisors Asset Management Inc. now owns 531,178 shares of the company’s stock valued at $3,522,000 after acquiring an additional 241,778 shares during the last quarter.

Franklin Limited Duration Income Trust Stock Performance

NYSEAMERICAN FTF opened at $6.45 on Friday. Franklin Limited Duration Income Trust has a one year low of $5.57 and a one year high of $6.83. The stock has a 50 day moving average price of $6.31 and a 200-day moving average price of $6.40.

Franklin Limited Duration Income Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, May 30th. Stockholders of record on Monday, May 19th will be given a dividend of $0.0615 per share. The ex-dividend date is Monday, May 19th. This represents a $0.74 dividend on an annualized basis and a dividend yield of 11.44%.

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.