BlackRock Enhanced Global Dividend Trust (NYSE:BOE) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

BlackRock Enhanced Global Dividend Trust (NYSE:BOE) shares passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $10.68 and traded as high as $11.40. BlackRock Enhanced Global Dividend Trust shares last traded at $11.33, with a volume of 130,329 shares trading hands.

BlackRock Enhanced Global Dividend Trust Stock Performance

The business has a 50 day moving average of $11.09 and a 200-day moving average of $10.68.

BlackRock Enhanced Global Dividend Trust Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 31st. Investors of record on Tuesday, October 15th will be given a $0.063 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $0.76 annualized dividend and a yield of 6.67%.

Hedge Funds Weigh In On BlackRock Enhanced Global Dividend Trust

Large investors have recently added to or reduced their stakes in the company. Spirepoint Private Client LLC bought a new stake in shares of BlackRock Enhanced Global Dividend Trust in the first quarter valued at about $108,000. Pinnacle Wealth Planning Services Inc. boosted its position in BlackRock Enhanced Global Dividend Trust by 8.7% during the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 12,306 shares of the financial services provider’s stock worth $129,000 after acquiring an additional 982 shares during the last quarter. Nomura Holdings Inc. bought a new position in shares of BlackRock Enhanced Global Dividend Trust during the 4th quarter worth approximately $124,000. Pacific Wealth Strategies Group Inc. grew its stake in shares of BlackRock Enhanced Global Dividend Trust by 40.2% during the 1st quarter. Pacific Wealth Strategies Group Inc. now owns 17,000 shares of the financial services provider’s stock worth $178,000 after acquiring an additional 4,875 shares in the last quarter. Finally, Integrated Capital Management Inc. raised its holdings in shares of BlackRock Enhanced Global Dividend Trust by 8.5% in the second quarter. Integrated Capital Management Inc. now owns 19,780 shares of the financial services provider’s stock valued at $210,000 after purchasing an additional 1,546 shares during the last quarter.

BlackRock Enhanced Global Dividend Trust Company Profile

BlackRock Enhanced Global 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. The fund seeks to invest in stocks of companies operating across diversified sectors.