BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers boosted its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 11.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 224,372 shares of the investment management company’s stock after acquiring an additional 22,246 shares during the period. Cetera Investment Advisers’ holdings in BlackRock Enhanced Equity Dividend Trust were worth $1,858,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Summit Securities Group LLC purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth approximately $38,000. JPMorgan Chase & Co. lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 1,203.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 5,539 shares of the investment management company’s stock worth $48,000 after buying an additional 5,114 shares during the last quarter. South Plains Financial Inc. purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth approximately $81,000. Franklin Resources Inc. purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth approximately $92,000. Finally, GWN Securities Inc. purchased a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth approximately $94,000.

BlackRock Enhanced Equity Dividend Trust Stock Performance

Shares of NYSE:BDJ opened at $8.58 on Tuesday. BlackRock Enhanced Equity Dividend Trust has a twelve month low of $7.16 and a twelve month high of $9.07. The firm has a 50 day simple moving average of $8.32 and a 200-day simple moving average of $8.57.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be given a $0.0619 dividend. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $0.74 annualized dividend and a yield of 8.66%.

BlackRock Enhanced Equity Dividend Trust 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.