LPL Financial LLC Boosts Stake in BlackRock Enhanced International Dividend Trust (NYSE:BGY)

LPL Financial LLC raised its holdings in BlackRock Enhanced International Dividend Trust (NYSE:BGY) by 20.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 120,782 shares of the investment management company’s stock after acquiring an additional 20,908 shares during the period. LPL Financial LLC’s holdings in BlackRock Enhanced International Dividend Trust were worth $641,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. World Investment Advisors LLC purchased a new position in shares of BlackRock Enhanced International Dividend Trust during the 3rd quarter worth $197,000. Park Avenue Securities LLC increased its holdings in BlackRock Enhanced International Dividend Trust by 4.6% during the 4th quarter. Park Avenue Securities LLC now owns 197,771 shares of the investment management company’s stock worth $1,050,000 after purchasing an additional 8,652 shares during the period. Uncommon Cents Investing LLC lifted its stake in BlackRock Enhanced International Dividend Trust by 60.1% in the fourth quarter. Uncommon Cents Investing LLC now owns 181,153 shares of the investment management company’s stock worth $962,000 after acquiring an additional 68,024 shares during the last quarter. Soltis Investment Advisors LLC purchased a new stake in shares of BlackRock Enhanced International Dividend Trust during the 4th quarter worth approximately $67,000. Finally, Wolverine Asset Management LLC lifted its stake in BlackRock Enhanced International Dividend Trust by 267.3% in the fourth quarter. Wolverine Asset Management LLC now owns 159,818 shares of the investment management company’s stock valued at $849,000 after buying an additional 116,301 shares during the last quarter.

BlackRock Enhanced International Dividend Trust Stock Performance

NYSE BGY opened at $5.53 on Thursday. The firm’s fifty day moving average is $5.51 and its two-hundred day moving average is $5.51. BlackRock Enhanced International Dividend Trust has a one year low of $4.67 and a one year high of $5.90.

BlackRock Enhanced International Dividend Trust Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, April 30th. Investors of record on Tuesday, April 15th will be issued a dividend of $0.0426 per share. This represents a $0.51 dividend on an annualized basis and a yield of 9.25%. The ex-dividend date is Tuesday, April 15th.

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.