Brown Advisory Inc. Has $302,000 Holdings in BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

Brown Advisory Inc. decreased its position in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 6.2% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,135 shares of the investment management company’s stock after selling 2,309 shares during the period. Brown Advisory Inc.’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $302,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Crews Bank & Trust bought a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 1st quarter valued at about $29,000. Summit Securities Group LLC bought a new position in BlackRock Enhanced Equity Dividend Trust during the fourth quarter worth about $38,000. Ameriflex Group Inc. acquired a new position in shares of BlackRock Enhanced Equity Dividend Trust in the 4th quarter valued at approximately $74,000. South Plains Financial Inc. bought a new stake in shares of BlackRock Enhanced Equity Dividend Trust during the fourth quarter worth $81,000. Finally, GWN Securities Inc. bought a new position in BlackRock Enhanced Equity Dividend Trust during the 4th quarter worth about $94,000.

BlackRock Enhanced Equity Dividend Trust Stock Performance

NYSE BDJ opened at $8.81 on Wednesday. The stock’s 50 day moving average price is $8.65 and its two-hundred day moving average price is $8.56. BlackRock Enhanced Equity Dividend Trust has a 52 week low of $7.16 and a 52 week high of $9.07.

BlackRock Enhanced Equity Dividend Trust Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Shareholders of record on Tuesday, July 15th will be given a dividend of $0.0619 per share. The ex-dividend date of this dividend is Tuesday, July 15th. This represents a $0.74 annualized dividend and a yield of 8.44%.

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.