Allspring Global Investments Holdings LLC Sells 48,919 Shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Allspring Global Investments Holdings LLC trimmed its holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 14.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 282,791 shares of the investment management company’s stock after selling 48,919 shares during the period. Allspring Global Investments Holdings LLC’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $2,432,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in BDJ. Raymond James Financial Inc. bought a new position in shares of BlackRock Enhanced Equity Dividend Trust in the fourth quarter valued at $28,740,000. Shaker Financial Services LLC lifted its stake in shares of BlackRock Enhanced Equity Dividend Trust by 120.6% in the fourth quarter. Shaker Financial Services LLC now owns 487,926 shares of the investment management company’s stock valued at $4,040,000 after buying an additional 266,733 shares in the last quarter. Kovitz Investment Group Partners LLC lifted its stake in shares of BlackRock Enhanced Equity Dividend Trust by 56.8% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 513,309 shares of the investment management company’s stock valued at $4,250,000 after buying an additional 185,989 shares in the last quarter. Guggenheim Capital LLC lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 8.9% during the fourth quarter. Guggenheim Capital LLC now owns 2,057,071 shares of the investment management company’s stock valued at $17,033,000 after purchasing an additional 167,398 shares in the last quarter. Finally, Waverly Advisors LLC lifted its position in shares of BlackRock Enhanced Equity Dividend Trust by 653.5% during the fourth quarter. Waverly Advisors LLC now owns 115,274 shares of the investment management company’s stock valued at $954,000 after purchasing an additional 99,976 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust Price Performance

BDJ opened at $8.99 on Monday. The company’s 50-day moving average is $8.57 and its 200 day moving average is $8.54. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $7.16 and a fifty-two week high of $9.07.

BlackRock Enhanced Equity Dividend Trust Dividend Announcement

The company also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Investors of record on Tuesday, July 15th will be given a dividend of $0.0619 per share. This represents a $0.74 dividend on an annualized basis and a dividend yield of 8.26%. The ex-dividend date is Tuesday, July 15th.

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.