BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. trimmed its holdings in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 84.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,067 shares of the investment management company’s stock after selling 95,433 shares during the period. Stratos Wealth Partners LTD.’s holdings in BlackRock Enhanced Equity Dividend Trust were worth $155,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Raymond James Financial Inc. purchased a new position in shares of BlackRock Enhanced Equity Dividend Trust during the 4th quarter valued at approximately $28,740,000. Wells Fargo & Company MN increased its holdings in BlackRock Enhanced Equity Dividend Trust by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 3,105,800 shares of the investment management company’s stock worth $25,716,000 after acquiring an additional 39,417 shares in the last quarter. Guggenheim Capital LLC boosted its stake in BlackRock Enhanced Equity Dividend Trust by 8.9% during the 4th quarter. Guggenheim Capital LLC now owns 2,057,071 shares of the investment management company’s stock worth $17,033,000 after purchasing an additional 167,398 shares during the last quarter. LPL Financial LLC boosted its stake in BlackRock Enhanced Equity Dividend Trust by 2.1% during the 4th quarter. LPL Financial LLC now owns 1,455,651 shares of the investment management company’s stock worth $12,053,000 after purchasing an additional 30,320 shares during the last quarter. Finally, Stifel Financial Corp boosted its stake in BlackRock Enhanced Equity Dividend Trust by 9.9% during the 4th quarter. Stifel Financial Corp now owns 1,096,063 shares of the investment management company’s stock worth $9,075,000 after purchasing an additional 99,097 shares during the last quarter.

BlackRock Enhanced Equity Dividend Trust Stock Down 0.1%

Shares of BDJ opened at $8.81 on Thursday. The firm’s fifty day moving average is $8.66 and its two-hundred day moving average 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 company also recently declared a monthly dividend, which will be paid on Thursday, July 31st. Stockholders 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 dividend yield of 8.44%.

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.