JPMorgan Chase & Co. Raises Stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Posted by Defense World Staff on Feb 5th, 2025

JPMorgan Chase & Co. raised its position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ – Free Report) by 1,203.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,539 shares of the investment management company’s stock after purchasing an additional 5,114 shares during the period. JPMorgan Chase & Co.’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $48,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brown Brothers Harriman & Co. acquired a new position in BlackRock Enhanced Equity Dividend Trust in the third quarter valued at approximately $43,000. Arete Wealth Advisors LLC purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the 3rd quarter worth approximately $98,000. Icon Wealth Advisors LLC acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 3rd quarter valued at $118,000. Heritage Wealth Management Inc. purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 3rd quarter valued at $156,000. Finally, XML Financial LLC raised its stake in BlackRock Enhanced Equity Dividend Trust by 30.7% during the 3rd quarter. XML Financial LLC now owns 20,571 shares of the investment management company’s stock worth $178,000 after acquiring an additional 4,837 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust Stock Performance

NYSE BDJ opened at $8.80 on Wednesday. The company has a fifty day moving average of $8.60 and a two-hundred day moving average of $8.57. BlackRock Enhanced Equity Dividend Trust has a 1 year low of $7.80 and a 1 year high of $9.07.

BlackRock Enhanced Equity Dividend Trust Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 14th will be paid a dividend of $0.0619 per share. The ex-dividend date of this dividend is Friday, February 14th. This is an increase from BlackRock Enhanced Equity Dividend Trust’s previous dividend of $0.05.

BlackRock Enhanced Equity Dividend Trust Company Profile

(Free Report)

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.