BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Shares Sold by Perigon Wealth Management LLC

Perigon Wealth Management LLC trimmed its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 17.2% during the fourth quarter, HoldingsChannel reports. The fund owned 12,037 shares of the investment management company’s stock after selling 2,500 shares during the quarter. Perigon Wealth Management LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $93,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Invesco Ltd. lifted its holdings in BlackRock Enhanced Equity Dividend Trust by 35.4% in the third quarter. Invesco Ltd. now owns 2,385,847 shares of the investment management company’s stock valued at $18,156,000 after acquiring an additional 623,219 shares during the period. Saxon Interests Inc. acquired a new stake in shares of BlackRock Enhanced Equity Dividend Trust in the fourth quarter valued at about $682,000. D.A. Davidson & CO. grew its position in BlackRock Enhanced Equity Dividend Trust by 19.3% during the third quarter. D.A. Davidson & CO. now owns 48,658 shares of the investment management company’s stock worth $370,000 after buying an additional 7,875 shares during the period. EP Wealth Advisors LLC acquired a new position in BlackRock Enhanced Equity Dividend Trust during the third quarter worth about $223,000. Finally, Claro Advisors LLC increased its holdings in BlackRock Enhanced Equity Dividend Trust by 814.6% in the fourth quarter. Claro Advisors LLC now owns 143,594 shares of the investment management company’s stock valued at $1,104,000 after buying an additional 127,894 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust Stock Performance

BDJ opened at $7.89 on Friday. BlackRock Enhanced Equity Dividend Trust has a 1-year low of $6.91 and a 1-year high of $8.57. The stock’s 50 day simple moving average is $8.07 and its 200 day simple moving average is $7.78.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be issued a $0.056 dividend. This represents a $0.67 annualized dividend and a yield of 8.52%. The ex-dividend date of this dividend is Friday, April 12th.

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.