Wealth Enhancement Advisory Services LLC Trims Stake in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Wealth Enhancement Advisory Services LLC lowered its position in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 17.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 119,495 shares of the investment management company’s stock after selling 24,701 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $989,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of BDJ. Summit Securities Group LLC purchased a new stake in BlackRock Enhanced Equity Dividend Trust in the fourth quarter worth $38,000. Ameriflex Group Inc. bought a new position in shares of BlackRock Enhanced Equity Dividend Trust in the fourth quarter worth about $74,000. South Plains Financial Inc. purchased a new position in BlackRock Enhanced Equity Dividend Trust in the 4th quarter worth about $81,000. Franklin Resources Inc. bought a new stake in BlackRock Enhanced Equity Dividend Trust during the 4th quarter valued at about $92,000. Finally, GWN Securities Inc. bought a new stake in BlackRock Enhanced Equity Dividend Trust during the 4th quarter valued at about $94,000.

BlackRock Enhanced Equity Dividend Trust Price Performance

BDJ opened at $8.61 on Monday. BlackRock Enhanced Equity Dividend Trust has a 12-month low of $7.16 and a 12-month high of $9.07. The business’s fifty day simple moving average is $8.29 and its 200-day simple moving average is $8.54.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, June 30th. Shareholders of record on Friday, June 13th will be paid a $0.0619 dividend. The ex-dividend date is Friday, June 13th. This represents a $0.74 annualized dividend and a yield of 8.63%.

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.