Janney Montgomery Scott LLC Has $1.45 Million Stock Holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Janney Montgomery Scott LLC reduced its holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 5.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 168,005 shares of the investment management company’s stock after selling 8,991 shares during the quarter. Janney Montgomery Scott LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $1,453,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of BDJ. 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 purchasing an additional 412,499 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of BlackRock Enhanced Equity Dividend Trust by 792.7% during the third quarter. International Assets Investment Management LLC now owns 341,764 shares of the investment management company’s stock worth $29,560,000 after acquiring an additional 303,480 shares in the last quarter. Cornerstone Advisors LLC raised its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 23.0% during the first quarter. Cornerstone Advisors LLC now owns 1,463,595 shares of the investment management company’s stock worth $12,075,000 after acquiring an additional 273,706 shares during the period. Shaker Financial Services LLC lifted its position in BlackRock Enhanced Equity Dividend Trust by 101.1% in the 2nd quarter. Shaker Financial Services LLC now owns 446,818 shares of the investment management company’s stock valued at $3,651,000 after acquiring an additional 224,647 shares in the last quarter. Finally, Cetera Investment Advisers boosted its stake in BlackRock Enhanced Equity Dividend Trust by 1,193.8% in the 1st quarter. Cetera Investment Advisers now owns 216,416 shares of the investment management company’s stock worth $1,785,000 after purchasing an additional 199,689 shares during the period.

BlackRock Enhanced Equity Dividend Trust Price Performance

BDJ opened at $8.93 on Friday. The business’s 50-day moving average price is $8.64 and its two-hundred day moving average price is $8.39. BlackRock Enhanced Equity Dividend Trust has a 1 year low of $7.47 and a 1 year high of $8.97.

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 $0.0562 dividend. This represents a $0.67 annualized dividend and a yield of 7.55%. 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.