Cetera Investment Advisers Sells 8,920 Shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Cetera Investment Advisers decreased its holdings in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 4.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 207,496 shares of the investment management company’s stock after selling 8,920 shares during the quarter. Cetera Investment Advisers’ holdings in BlackRock Enhanced Equity Dividend Trust were worth $1,695,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Hennion & Walsh Asset Management Inc. grew its stake in shares of BlackRock Enhanced Equity Dividend Trust by 9.8% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 128,789 shares of the investment management company’s stock worth $1,052,000 after acquiring an additional 11,446 shares during the last quarter. Kovack Advisors Inc. grew its position in BlackRock Enhanced Equity Dividend Trust by 7.9% during the first quarter. Kovack Advisors Inc. now owns 17,428 shares of the investment management company’s stock worth $144,000 after buying an additional 1,280 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in BlackRock Enhanced Equity Dividend Trust by 28.4% during the second quarter. Allspring Global Investments Holdings LLC now owns 298,597 shares of the investment management company’s stock worth $2,440,000 after buying an additional 66,052 shares in the last quarter. Diversify Advisory Services LLC acquired a new position in BlackRock Enhanced Equity Dividend Trust in the 1st quarter valued at approximately $84,000. Finally, International Assets Investment Management LLC raised its holdings in BlackRock Enhanced Equity Dividend Trust by 70.0% in the 2nd quarter. International Assets Investment Management LLC now owns 38,284 shares of the investment management company’s stock valued at $313,000 after acquiring an additional 15,769 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust Price Performance

Shares of NYSE:BDJ opened at $8.76 on Tuesday. The business’s 50 day moving average is $8.49 and its 200-day moving average is $8.28. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $6.91 and a 1-year high of $8.81.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, November 29th. Stockholders of record on Friday, November 15th will be paid a $0.0562 dividend. This represents a $0.67 dividend on an annualized basis and a dividend yield of 7.70%. The ex-dividend date is Friday, November 15th.

About BlackRock Enhanced Equity Dividend Trust

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.