Captrust Financial Advisors Sells 18,198 Shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Captrust Financial Advisors decreased its holdings in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 38.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,245 shares of the investment management company’s stock after selling 18,198 shares during the period. Captrust Financial Advisors’ holdings in BlackRock Enhanced Equity Dividend Trust were worth $253,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently modified their holdings of the company. Hennion & Walsh Asset Management Inc. grew its position in shares of BlackRock Enhanced Equity Dividend Trust by 9.8% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 128,789 shares of the investment management company’s stock valued at $1,052,000 after acquiring an additional 11,446 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in BlackRock Enhanced Equity Dividend Trust by 28.4% in the 2nd 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 during the period. International Assets Investment Management LLC boosted 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 worth $313,000 after buying an additional 15,769 shares during the period. Choreo LLC boosted its holdings in BlackRock Enhanced Equity Dividend Trust by 220.0% in the 2nd quarter. Choreo LLC now owns 46,861 shares of the investment management company’s stock worth $382,000 after buying an additional 32,218 shares during the period. Finally, First Heartland Consultants Inc. bought a new position in BlackRock Enhanced Equity Dividend Trust in the 2nd quarter worth $86,000.

BlackRock Enhanced Equity Dividend Trust Stock Down 0.3 %

Shares of BlackRock Enhanced Equity Dividend Trust stock opened at $8.60 on Monday. The company has a fifty day moving average of $8.79 and a 200 day moving average of $8.50. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $7.65 and a fifty-two week high of $9.07.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 16th will be issued a $0.0619 dividend. The ex-dividend date of this dividend is Monday, December 16th. This represents a $0.74 annualized dividend and a yield of 8.64%. This is an increase from BlackRock Enhanced Equity Dividend Trust’s previous monthly dividend of $0.05.

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.