Franklin Limited Duration Income Trust $FTF Stock Position Boosted by Apollon Wealth Management LLC

Apollon Wealth Management LLC raised its stake in shares of Franklin Limited Duration Income Trust (NYSEAMERICAN:FTF) by 74.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,354 shares of the company’s stock after buying an additional 17,279 shares during the period. Apollon Wealth Management LLC’s holdings in Franklin Limited Duration Income Trust were worth $259,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in FTF. GraniteShares Advisors LLC boosted its holdings in shares of Franklin Limited Duration Income Trust by 6.7% in the second quarter. GraniteShares Advisors LLC now owns 424,579 shares of the company’s stock valued at $2,726,000 after acquiring an additional 26,532 shares in the last quarter. Oliver Lagore Vanvalin Investment Group acquired a new stake in Franklin Limited Duration Income Trust in the second quarter worth approximately $70,000. Geneos Wealth Management Inc. boosted its stake in Franklin Limited Duration Income Trust by 893.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 12,666 shares of the company’s stock valued at $82,000 after purchasing an additional 11,391 shares in the last quarter. Integrity Alliance LLC. bought a new position in Franklin Limited Duration Income Trust during the 1st quarter valued at $423,000. Finally, Advisors Asset Management Inc. increased its position in shares of Franklin Limited Duration Income Trust by 56.7% during the 1st quarter. Advisors Asset Management Inc. now owns 832,593 shares of the company’s stock valued at $5,379,000 after purchasing an additional 301,415 shares during the period.

Franklin Limited Duration Income Trust Price Performance

FTF opened at $6.22 on Friday. The stock’s fifty day moving average is $6.40 and its 200-day moving average is $6.36. Franklin Limited Duration Income Trust has a one year low of $5.57 and a one year high of $6.75.

Franklin Limited Duration Income Trust Dividend Announcement

The firm also recently declared a oct 25 dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be issued a $0.0615 dividend. This represents a yield of 1,186.0%. The ex-dividend date of this dividend is Friday, October 17th.

Franklin Limited Duration Income Trust Company Profile

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.