International Assets Investment Management LLC Buys New Position in BlackRock Enhanced Global Dividend Trust (NYSE:BOE)

International Assets Investment Management LLC bought a new stake in shares of BlackRock Enhanced Global Dividend Trust (NYSE:BOE) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 69,839 shares of the financial services provider’s stock, valued at approximately $7,860,000.

Other hedge funds have also modified their holdings of the company. Spirepoint Private Client LLC purchased a new stake in shares of BlackRock Enhanced Global Dividend Trust during the first quarter valued at $108,000. Pinnacle Wealth Planning Services Inc. lifted its stake in BlackRock Enhanced Global Dividend Trust by 8.7% in 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 in the last quarter. Pacific Wealth Strategies Group Inc. lifted its stake in BlackRock Enhanced Global Dividend Trust by 40.2% in 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. Integrated Capital Management Inc. lifted its stake in BlackRock Enhanced Global Dividend Trust by 8.5% in the 2nd quarter. Integrated Capital Management Inc. now owns 19,780 shares of the financial services provider’s stock worth $210,000 after acquiring an additional 1,546 shares in the last quarter. Finally, Choreo LLC purchased a new stake in BlackRock Enhanced Global Dividend Trust in the 2nd quarter worth about $458,000.

BlackRock Enhanced Global Dividend Trust Price Performance

Shares of BlackRock Enhanced Global Dividend Trust stock opened at $11.28 on Friday. The stock has a 50-day moving average price of $11.17 and a 200 day moving average price of $10.74. BlackRock Enhanced Global Dividend Trust has a 1 year low of $9.02 and a 1 year high of $11.47.

BlackRock Enhanced Global Dividend Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th were paid a dividend of $0.063 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 6.70%. The ex-dividend date of this dividend was Tuesday, October 15th.

BlackRock Enhanced Global Dividend Trust 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.