BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Shares Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC increased its holdings in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 792.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 341,764 shares of the investment management company’s stock after acquiring an additional 303,480 shares during the quarter. International Assets Investment Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $29,560,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of BDJ. CWM LLC boosted its position in BlackRock Enhanced Equity Dividend Trust by 32.9% during the second quarter. CWM LLC now owns 8,333 shares of the investment management company’s stock worth $68,000 after acquiring an additional 2,065 shares during the last quarter. Diversify Advisory Services LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust during the first quarter worth about $84,000. First Heartland Consultants Inc. purchased a new position in BlackRock Enhanced Equity Dividend Trust during the second quarter worth about $86,000. Spirepoint Private Client LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust during the first quarter worth about $87,000. Finally, Park Avenue Securities LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust during the first quarter worth about $89,000.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.7 %

Shares of BDJ stock opened at $8.82 on Tuesday. The firm’s 50-day moving average is $8.58 and its two-hundred day moving average is $8.32. BlackRock Enhanced Equity Dividend Trust has a 12 month low of $6.97 and a 12 month high of $8.82.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Friday, November 29th. Shareholders of record on Friday, November 15th will be paid a dividend of $0.0562 per share. This represents a $0.67 dividend on an annualized basis and a yield of 7.65%. 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.