International Assets Investment Management LLC Reduces Stock Position in BlackRock Enhanced International Dividend Trust (NYSE:BGY)

International Assets Investment Management LLC cut its stake in BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 81.2% in the fourth quarter, Holdings Channel reports. The institutional investor owned 10,136 shares of the investment management company’s stock after selling 43,804 shares during the period. International Assets Investment Management LLC’s holdings in BlackRock Enhanced International Dividend Trust were worth $54,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. World Investment Advisors LLC purchased a new stake in BlackRock Enhanced International Dividend Trust in the 3rd quarter valued at about $197,000. IHT Wealth Management LLC raised its position in shares of BlackRock Enhanced International Dividend Trust by 62.3% in the 3rd quarter. IHT Wealth Management LLC now owns 256,811 shares of the investment management company’s stock worth $1,486,000 after acquiring an additional 98,533 shares in the last quarter. Walleye Capital LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust during the 3rd quarter worth $107,000. Pathstone Holdings LLC grew its stake in BlackRock Enhanced International Dividend Trust by 35.4% in the third quarter. Pathstone Holdings LLC now owns 525,936 shares of the investment management company’s stock valued at $3,051,000 after purchasing an additional 137,639 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its position in shares of BlackRock Enhanced International Dividend Trust by 10.1% in the 3rd quarter. Thrivent Financial for Lutherans now owns 132,088 shares of the investment management company’s stock worth $766,000 after buying an additional 12,088 shares during the last quarter.

BlackRock Enhanced International Dividend Trust Stock Up 0.6 %

NYSE BGY opened at $5.33 on Wednesday. BlackRock Enhanced International Dividend Trust has a 12-month low of $5.13 and a 12-month high of $5.83. The firm’s fifty day simple moving average is $5.47 and its two-hundred day simple moving average is $5.58.

BlackRock Enhanced International Dividend Trust Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th will be paid a dividend of $0.0426 per share. The ex-dividend date is Wednesday, January 15th. This represents a $0.51 annualized dividend and a yield of 9.59%.

About BlackRock Enhanced International Dividend Trust

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.