International Assets Investment Management LLC Grows Holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

International Assets Investment Management LLC grew its stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 792.7% during the third quarter, Holdings Channel.com reports. The fund owned 341,764 shares of the investment management company’s stock after acquiring an additional 303,480 shares during the period. 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 quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Allspring Global Investments Holdings LLC increased its stake in BlackRock Enhanced Equity Dividend Trust by 138.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 711,096 shares of the investment management company’s stock worth $6,151,000 after buying an additional 412,499 shares during the period. Cornerstone Advisors LLC increased its stake in BlackRock Enhanced Equity Dividend Trust by 23.0% during the 1st quarter. Cornerstone Advisors LLC now owns 1,463,595 shares of the investment management company’s stock worth $12,075,000 after buying an additional 273,706 shares during the period. Shaker Financial Services LLC increased its stake in BlackRock Enhanced Equity Dividend Trust by 101.1% during the 2nd quarter. Shaker Financial Services LLC now owns 446,818 shares of the investment management company’s stock worth $3,651,000 after buying an additional 224,647 shares during the period. Cetera Investment Advisers increased its stake in BlackRock Enhanced Equity Dividend Trust by 1,193.8% during the 1st quarter. Cetera Investment Advisers now owns 216,416 shares of the investment management company’s stock worth $1,785,000 after buying an additional 199,689 shares during the period. Finally, Advisors Asset Management Inc. increased its stake in BlackRock Enhanced Equity Dividend Trust by 25.6% during the 1st quarter. Advisors Asset Management Inc. now owns 884,626 shares of the investment management company’s stock worth $7,298,000 after buying an additional 180,266 shares during the period.

BlackRock Enhanced Equity Dividend Trust Stock Up 0.7 %

Shares of BDJ opened at $8.82 on Tuesday. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $6.97 and a fifty-two week high of $8.82. The firm’s 50 day moving average price is $8.58 and its 200 day moving average price is $8.32.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The firm also recently announced a monthly dividend, which will be paid on Friday, November 29th. Investors of record on Friday, November 15th will be paid a dividend of $0.0562 per share. This represents a $0.67 annualized dividend and a yield of 7.65%. The ex-dividend date is Friday, November 15th.

BlackRock Enhanced Equity Dividend Trust Company Profile

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.