International Assets Investment Management LLC Acquires 2,119 Shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

International Assets Investment Management LLC raised its holdings in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 10.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,515 shares of the investment management company’s stock after purchasing an additional 2,119 shares during the quarter. International Assets Investment Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $185,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of BDJ. PNC Financial Services Group Inc. lifted its position in BlackRock Enhanced Equity Dividend Trust by 10.8% during the third quarter. PNC Financial Services Group Inc. now owns 21,887 shares of the investment management company’s stock valued at $167,000 after purchasing an additional 2,129 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 35.4% in the 3rd quarter. Invesco Ltd. now owns 2,385,847 shares of the investment management company’s stock worth $18,156,000 after acquiring an additional 623,219 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 3.1% in the 3rd quarter. LPL Financial LLC now owns 1,300,156 shares of the investment management company’s stock worth $9,894,000 after acquiring an additional 39,227 shares during the last quarter. Stifel Financial Corp lifted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 8.1% in the 3rd quarter. Stifel Financial Corp now owns 883,683 shares of the investment management company’s stock worth $6,725,000 after acquiring an additional 66,407 shares during the last quarter. Finally, AQR Arbitrage LLC bought a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the 3rd quarter worth about $3,564,000.

BlackRock Enhanced Equity Dividend Trust Stock Performance

BlackRock Enhanced Equity Dividend Trust stock opened at $8.11 on Thursday. The firm has a 50-day moving average price of $8.15 and a 200-day moving average price of $8.02. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $6.91 and a 12-month high of $8.43.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Friday, June 28th. Stockholders of record on Friday, June 14th will be issued a $0.056 dividend. The ex-dividend date of this dividend is Friday, June 14th. This represents a $0.67 annualized dividend and a dividend yield of 8.29%.

BlackRock Enhanced Equity Dividend Trust Company Profile

BlackRock Enhanced Equity Dividend Trust is a closed-ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of companies across all market capitalizations.