Raymond James Financial Inc. Takes Position in BlackRock Enhanced International Dividend Trust (NYSE:BGY)

Raymond James Financial Inc. purchased a new position in shares of BlackRock Enhanced International Dividend Trust (NYSE:BGY) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 306,261 shares of the investment management company’s stock, valued at approximately $1,626,000.

Several other hedge funds also recently added to or reduced their stakes in BGY. Park Avenue Securities LLC boosted its holdings in shares of BlackRock Enhanced International Dividend Trust by 4.6% in the fourth quarter. Park Avenue Securities LLC now owns 197,771 shares of the investment management company’s stock valued at $1,050,000 after purchasing an additional 8,652 shares during the period. Thrivent Financial for Lutherans raised its position in BlackRock Enhanced International Dividend Trust by 10.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 132,088 shares of the investment management company’s stock valued at $766,000 after purchasing an additional 12,088 shares in the last quarter. Waterfront Wealth Inc. lifted its holdings in shares of BlackRock Enhanced International Dividend Trust by 2.3% in the 4th quarter. Waterfront Wealth Inc. now owns 1,461,088 shares of the investment management company’s stock worth $7,758,000 after buying an additional 32,568 shares during the period. Wolverine Asset Management LLC grew its position in shares of BlackRock Enhanced International Dividend Trust by 267.3% during the 4th quarter. Wolverine Asset Management LLC now owns 159,818 shares of the investment management company’s stock worth $849,000 after buying an additional 116,301 shares in the last quarter. Finally, Walleye Capital LLC purchased a new position in shares of BlackRock Enhanced International Dividend Trust during the third quarter valued at $107,000.

BlackRock Enhanced International Dividend Trust Stock Performance

NYSE:BGY opened at $5.64 on Wednesday. The firm has a 50-day simple moving average of $5.60 and a 200-day simple moving average of $5.56. BlackRock Enhanced International Dividend Trust has a one year low of $5.13 and a one year high of $5.90.

BlackRock Enhanced International Dividend Trust Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, March 31st. Investors of record on Friday, March 14th were paid a dividend of $0.0426 per share. The ex-dividend date was Friday, March 14th. This represents a $0.51 annualized dividend and a dividend yield of 9.07%.

BlackRock Enhanced International Dividend Trust 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.