Park Avenue Securities LLC Sells 11,586 Shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY)

Park Avenue Securities LLC reduced its stake in shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 5.8% in the third quarter, according to its most recent filing with the SEC. The fund owned 189,119 shares of the investment management company’s stock after selling 11,586 shares during the period. Park Avenue Securities LLC’s holdings in BlackRock Enhanced International Dividend Trust were worth $1,097,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in BGY. Allspring Global Investments Holdings LLC lifted its stake in BlackRock Enhanced International Dividend Trust by 6.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 10,266,153 shares of the investment management company’s stock worth $57,285,000 after purchasing an additional 615,485 shares during the last quarter. Karpus Management Inc. lifted its position in BlackRock Enhanced International Dividend Trust by 0.5% in the 1st quarter. Karpus Management Inc. now owns 5,749,509 shares of the investment management company’s stock worth $31,795,000 after buying an additional 26,372 shares during the last quarter. City of London Investment Management Co. Ltd. boosted its stake in BlackRock Enhanced International Dividend Trust by 90.2% in the second quarter. City of London Investment Management Co. Ltd. now owns 2,124,376 shares of the investment management company’s stock worth $11,854,000 after buying an additional 1,007,666 shares in the last quarter. Waterfront Wealth Inc. grew its position in BlackRock Enhanced International Dividend Trust by 2.8% during the second quarter. Waterfront Wealth Inc. now owns 1,290,266 shares of the investment management company’s stock valued at $7,200,000 after acquiring an additional 35,690 shares during the last quarter. Finally, Cornerstone Advisors LLC raised its stake in shares of BlackRock Enhanced International Dividend Trust by 157.2% during the second quarter. Cornerstone Advisors LLC now owns 498,044 shares of the investment management company’s stock worth $2,779,000 after acquiring an additional 304,378 shares in the last quarter.

BlackRock Enhanced International Dividend Trust Stock Performance

Shares of BGY opened at $5.68 on Wednesday. BlackRock Enhanced International Dividend Trust has a fifty-two week low of $4.68 and a fifty-two week high of $5.83. The firm has a 50 day moving average price of $5.66 and a 200-day moving average price of $5.53.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Tuesday, October 15th will be given a dividend of $0.0338 per share. The ex-dividend date is Tuesday, October 15th. This represents a $0.41 annualized dividend and a yield of 7.15%.

BlackRock Enhanced International Dividend Trust Company Profile

BlackRock Enhanced International Dividend Trust is a closed ended equity mutual fund launched by BlackRock, Inc The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe excluding the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.